Question
Ayayai, Inc. established a stock-appreciation rights (SARs) program on January 1, 2020, which entitles executives to receive cash at the date of exercise for the
Ayayai, Inc. established a stock-appreciation rights (SARs) program on January 1, 2020, which entitles executives to receive cash at the date of exercise for the difference between the market price of the stock and the pre-established price of $21 on 5,600 SARs. The required service period is 2 years. The fair value of the SARs are determined to be $5 on December 31, 2020, and $9 on December 31, 2021. Compute Ayayais compensation expense for 2020 and 2021.
| Ayayais compensation expense 2020 | $enter a dollar amount | |
|---|---|---|
| Ayayais compensation expense for 2021 |
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
18th Edition
0077486277, 978-0077486273
