80. On June 30, 2022, Norman Corporation issued restricted shares to its president for 30,000 shares...

 

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80. On June 30, 2022, Norman Corporation issued restricted shares to its president for 30,000 shares of its €20 par value ordinary shares. On June 30, 2022, Norman's shares have a fair value of €36 per share. The service period related to the restricted shares is five years and vesting occurs if the president stays with the company for a five-year period. What should be the amount of compensation expense recorded by Norman Corporation for the calendar year 2022? a. b. C. d. €48,000. €108,000. €216,000. €96,000. 80. On June 30, 2022, Norman Corporation issued restricted shares to its president for 30,000 shares of its €20 par value ordinary shares. On June 30, 2022, Norman's shares have a fair value of €36 per share. The service period related to the restricted shares is five years and vesting occurs if the president stays with the company for a five-year period. What should be the amount of compensation expense recorded by Norman Corporation for the calendar year 2022? a. b. C. d. €48,000. €108,000. €216,000. €96,000.

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