Wolf Company granted 30,000 share appreciation rights enabling the key employees to receive cash equal to...
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Wolf Company granted 30,000 share appreciation rights enabling the key employees to receive cash equal to the difference between P20 and the market price of the share on the date each right is exercised. The service period is 2021 through 2023 and the rights are exercisable in 2023 and 2025. The market price of the sha was P25 and P28 on December 31, 2021 and 2022, respectively. What amount should be reported as accrued liability under the share appreciation rights on December 31, 2022? Melissa Company granted 100 share appreciation rights to each of the 1,000 employees on January 1, 2021. The market estimated that 90% of the awards shall vest on December 31, 2023. The fair value of each share appreciation right on December 31, 2021 is P10. What amount should be reported as accrued liability for the share appreciation rights on December 31, 2021? Wolf Company granted 30,000 share appreciation rights enabling the key employees to receive cash equal to the difference between P20 and the market price of the share on the date each right is exercised. The service period is 2021 through 2023 and the rights are exercisable in 2023 and 2025. The market price of the sha was P25 and P28 on December 31, 2021 and 2022, respectively. What amount should be reported as accrued liability under the share appreciation rights on December 31, 2022? Melissa Company granted 100 share appreciation rights to each of the 1,000 employees on January 1, 2021. The market estimated that 90% of the awards shall vest on December 31, 2023. The fair value of each share appreciation right on December 31, 2021 is P10. What amount should be reported as accrued liability for the share appreciation rights on December 31, 2021?
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Wolf Company The accrued liability for share appreciation rights is based on the difference between ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 9780136946694
3rd Edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Posted Date:
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