Homework Answers
Answer:
Ferror's compensation expenses 2020: $10,000
Working Note:
| market price | 24 |
| price at grant date | 20 |
| increase in value | 4 |
| number of SAR's | 5,000 |
| Total increase in SARs value | 20,000 |
| Portion recognized in thie period | 1/2 |
| compensation expense | 10,000 |
Ferror's compensation expenses 2021: $35,000
Working Notes:
| market price | 29 |
| price at grant date | 20 |
| increase in value | 9 |
| number of SAR's | 5,000 |
| Total increase in SARs value | 45,000 |
| Portion recognized in thie period | 10,000 |
| compensation expense | 35,000 |
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