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SARs Kneadful Things Bakery Inc, a famous bakery chain in Toronto known for it's signature bread, initiated a cash-settled share appreciation rights (SARs) plan for
SARs Kneadful Things Bakery Inc, a famous bakery chain in Toronto known for it's signature bread, initiated a cash-settled share appreciation rights (SARs) plan for its employees on January 1 , 2031. At that time, it granted 100 SARs to each of its 200 employees. The SARs vest on December 31, 2034, and expire on December 31,2036. The benchmark price was $42. The fair value of the SARs as determined using an option-pricing model, together with the corresponding market price of the shares, is detailed below: All empolyees love working at Kneadful Things Bakery and it is anticipated no one will leave ever, especially during the vesting period. Kneadful Things Bakery year end is December 31 . What is the amount of compensation expense they will record for its year ended December 31, 2032? Please enter a number only. Do no use commas, $ or + - Click Save and Submit to save and submit. Click Save All Answers to save all answers
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