The pre-established price is $ 50 per share, which is the market value of the shares at
Question:
Date Closing Market Price
December 31, 2015……………………….$ 56
December 31, 2016……………………….$ 55
Employees exercise all SARs on January 1, 2017, when the market price is $ 55. What is the compensation expense in 2015 and in 2016? Prepare all journal entries to record the SAR plan. .
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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