Q1
Cumulative | Compensation | |||||||
Fair | Compensation | Percentage | Accrued to | Expense | Expense | Expense | Expense | |
Date | Value | Recognizable | Accrued | Date | 2017 | 2018 | 2019 | 2020 |
12/31/17 | $5 | $715,000 | 25% | $ 178,750 | $ 178,750 | |||
$ (35,750) | $ (35,750) | |||||||
12/31/18 | $2 | $286,000 | 50% | $ 143,000 | ||||
$ 822,250 | $ 822,250 | |||||||
12/31/19 | $9 | $1,287,000 | 75% | $ 965,250 | ||||
$ 178,750 | $ 178,750 | |||||||
12/31/20 | $8 | $1,144,000 | 100% | $ 1,144,000 |
Ques | Accounts | debit | credit |
b | Compensation expense | $ 178,750 | |
liability under stock appreciation plan | $ 178,750 | ||
c | liability under stock appreciation plan | 1144000 | |
cash | 1144000 | ||
(143000*8) |
On December 31, 2016, Splish Company issues 143,000 stock-appreciation rights to its officers entitling them to...
On December 31, 2016, Ayayai Company issues 118,000 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 $11. The fair value of the SARs is estimated to be $5 per SAR on December 31, 2017; $2 on December 31, 2018; $11 on December 31, 2019; and $9 on December 31, 2020. The service period is 4 years, and the exercise period is 7 years....
ch. 16.1 #2 On December 31, 2016, Kingbird Company issues 161,000 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 $11. The fair value of the SARS is estimated to be $5 per SAR on December 31, 2017; $2 on December 31, 2018; $11 on December 31, 2019; and $10 on December 31, 2020. The service period is 4 years, and the exercise period...
On December 31, 2013, Blossom Company issues 127,000 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 $4 per SAR on December 31, 2014; $1 on December 31, 2015; $10 on December 31, 2016; and $9 on December 31, 2017. The service period is 4 years, and the exercise period is 7 years....
View Policies Current Attempt in Progress On December 31, 2016, Sarasota Company issues 128,000 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 $4 per SAR on December 31, 2017 $1 on December 31, 2018; $9 on December 31, 2019, and $7 on December 31, 2020. The service period is 4 years, and...
On December 31, 2016, Carla Company issues 170,000 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 $8. The fair value of the SARs is estimated to be $4 per SAR on December 31, 2017; $1 on December 31, 2018; $8 on December 31, 2019; and $6 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 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....
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....
Exercise 16-29 On December 31, 2013, Marigold 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, 2014; $2 on December 31, 2015; $9 on December 31, 2016; and $8 on December 31, 2017. The service period is 4 years, and the exercise period...
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...
Exercise 16-29 (Part Level Submission) On December 31, 2016, Carla Company issues 192,000 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 $8 on December 31, 2020. The service period is 4 years, and the...