Homework Answers
| Compensation Expense for 2020 | |
| (Pre established price - market price as on December 2020) * No. of SAR | ($ 21 - $ 5)*4000 |
| $ 64000 | |
| Compensation Expense for 2021 | |
| (Pre established price - market price as on December 2021) * No. of SAR] - Expense already recognised as on December 2020 | [($ 21 - $ 10)*4000] - $ 64000 |
| - $ 20000 | |
| Please do upvote if you found the answer useful. | |
| Feel free to reach in the comment section in case of any clarification or queries. |
Add Answer to:
Pina, Inc. established a stock-appreciation rights (SARs) program on January 1, 2020, which entitles executives to...
Culver, Inc. established a stock-appreciation rights (SARs) program on January 1, 2020, which entitles executives to...
Culver, 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 $19 on 6,200
SARs. The required service period is 2 years. The fair value of the
SARs are determined to be $4 on December 31, 2020, and $8 on
December 31, 2021.
Compute Culver’s compensation expense for 2020 and 2021.
Culver’s compensation...
Brief Exercise 16-16 Ferraro, Inc. established a stock-appreciation rights (SARs) program on January 1, 2020, which...
Brief Exercise 16-16 Ferraro, 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 $20 on 5,000 SARs. The required service period is 2 years. The fair value of the SARS are determined to be $4 on December 31, 2020, and $9 on December 31, 2021. Compute Ferraro's compensation expense for 2020 and...
Brief Exercise 16-16 Ferraro, Inc. established a stock-appreciation rights (SARs) program on January 1, 2020, which...
Brief Exercise 16-16 Ferraro, 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 $20 on 5,000 SARs. The required service period is 2 years. The fair value of the SARS are determined to be $4 on December 31, 2020, and $9 on December 31, 2021. Compute Ferraro's compensation expense for 2020 and...
--/1 Question 6 View Policies Current Attempt in Progress Pronghorn, Inc. established a stock-appreciation rights (SARs)...
--/1 Question 6 View Policies Current Attempt in Progress Pronghorn, 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 4,700 SARs. The required service period is 2 years. The fair value of the SARs are determined to be $4 on December 31, 2020, and $9 on December 31, 2021. Compute...
Pina Company establishes a stock-appreciation rights program that entitles its new president Ben Davis to receive...
Pina Company establishes a stock-appreciation rights program
that entitles its new president Ben Davis to receive cash for the
difference between the market price of the stock and a
pre-established price of $32 (also market price) on December 31,
2016, on 25,400 SARs. The date of grant is December 31, 2016, and
the required employment (service) period is 4 years. President
Davis exercises all of the SARs in 2022. The fair value of the SARs
is estimated to be $6...
On January 1, 2020, Crane Company established a stock appreciation rights plan for its executives. It...
On January 1, 2020, Crane Company established a stock appreciation rights plan for its executives. It entitled them to receive cash at any time during the next four years for the difference between the market price of its common stock and a pre-established price of $20 on 124000 SARs. Current market prices of the stock are as follows: January 1, 2020 $36 per share December 31, 2020 39 per share December 31, 2021 31 per share December...
Futuristic Products Company established a stock appreciation rights (SARs) program which entitles its new president Jill...
Futuristic Products Company established a stock appreciation rights (SARs) program which entitles its new president Jill Castleberry to receive cash for the difference between the market price of the stock and a preestablished price of $30 a share on 20,000 shares. The date of grant is December 31 2014 and requires the president remain in her position during 2015,2016 and 2017. As of January 1, 2018, the SARs are exercisable for 5 years before they lapse. Jill exercises the SARs...
On January 1, 2017, Coronado Industries established a stock appreciation rights plan for its executives. It...
On January 1, 2017, Coronado Industries established a stock
appreciation rights plan for its executives. It entitled them to
receive cash at any time during the next four years for the
difference between the market price of its common stock and a
pre-established price of $20 on 129000 SARs. Current market prices
of the stock are as follows:
January 1, 2017
$35 per share
December 31, 2017
38 per share
December 31, 2018
30 per share
December 31, 2019
33...
On December 31, 2016, Stellar Company issues 153,000 stock-appreciation rights to its officers entitling them to...
On December 31, 2016, Stellar Company issues 153,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $9. The fair value of the SARs is estimated to be $5 per SAR on December 31, 2017; $2 on December 31, 2018; $9 on December 31, 2019; and $8 on December 31, 2020. The service period is 4 years, and the exercise period is 7 years....
On December 31, 2016, Sage Company issues 124,000 stock-appreciation rights to its officers entitling them to...
On December 31, 2016, Sage Company issues 124,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. The fair value of the SARs is estimated to be $5 per SAR on December 31, 2017; $2 on December 31, 2018; $10 on December 31, 2019; and $9 on December 31, 2020. The service period is 4 years, and the exercise period is 7 years....
Culver, 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 $19 on 6,200
SARs. The required service period is 2 years. The fair value of the
SARs are determined to be $4 on December 31, 2020, and $8 on
December 31, 2021.
Compute Culver’s compensation expense for 2020 and 2021.
Culver’s compensation...
Brief Exercise 16-16 Ferraro, 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 $20 on 5,000 SARs. The required service period is 2 years. The fair value of the SARS are determined to be $4 on December 31, 2020, and $9 on December 31, 2021. Compute Ferraro's compensation expense for 2020 and...
Brief Exercise 16-16 Ferraro, 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 $20 on 5,000 SARs. The required service period is 2 years. The fair value of the SARS are determined to be $4 on December 31, 2020, and $9 on December 31, 2021. Compute Ferraro's compensation expense for 2020 and...
--/1 Question 6 View Policies Current Attempt in Progress Pronghorn, 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 4,700 SARs. The required service period is 2 years. The fair value of the SARs are determined to be $4 on December 31, 2020, and $9 on December 31, 2021. Compute...
Pina Company establishes a stock-appreciation rights program
that entitles its new president Ben Davis to receive cash for the
difference between the market price of the stock and a
pre-established price of $32 (also market price) on December 31,
2016, on 25,400 SARs. The date of grant is December 31, 2016, and
the required employment (service) period is 4 years. President
Davis exercises all of the SARs in 2022. The fair value of the SARs
is estimated to be $6...
Futuristic Products Company established a stock appreciation rights (SARs) program which entitles its new president Jill Castleberry to receive cash for the difference between the market price of the stock and a preestablished price of $30 a share on 20,000 shares. The date of grant is December 31 2014 and requires the president remain in her position during 2015,2016 and 2017. As of January 1, 2018, the SARs are exercisable for 5 years before they lapse. Jill exercises the SARs...
On January 1, 2017, Coronado Industries established a stock
appreciation rights plan for its executives. It entitled them to
receive cash at any time during the next four years for the
difference between the market price of its common stock and a
pre-established price of $20 on 129000 SARs. Current market prices
of the stock are as follows:
January 1, 2017
$35 per share
December 31, 2017
38 per share
December 31, 2018
30 per share
December 31, 2019
33...
Most questions answered within 3 hours.
-
The electric field in the region between two oppositely charged,
parallel, conducting plates has a magnitude...
asked 9 seconds ago -
A small body of mass m performs small oscillations sliding (no
rolling) along the bottom of...
asked 50 seconds ago -
A simple random sample was taken to test the claim that the
population mean is no...
asked 1 hour ago -
A set of length measurements are obtained with the values 165.6
± 0.3, 165.1± 0.4,166.4± 1.0,...
asked 1 hour ago -
1. Which of the following is true about unconscionable
contracts?
a. A term is substantially unconscionable...
asked 14 minutes ago -
A company is interested in estimating the costs of lunch
in their cafeteria. After surveying employees,...
asked 46 minutes ago -
A 0.2m diameter ball with an initial velocity of 8m/s rolls up a
hill without slipping....
asked 29 minutes ago -
I want to redraft the solution, using other words , use your own
words don't copy...
asked 18 minutes ago -
Hyundai Motors is considering threesites—A, B,C —at which to
locate a factory to build its new-model...
asked 20 minutes ago -
Learning Outcomes:
Upon the successful completion of this module, you should
understand the following concepts:
Strategic...
asked 21 minutes ago -
Identify four of the five major types of organizations within
the federal bureaucracy, and give examples...
asked 29 minutes ago -
The following data have been obtained
for the effect of solvent composition on the solubility of...
asked 30 minutes ago