12. Jane Company has granted 200 share appreciation rights to each of its 300 employees on January 1, 2012. The rights are due to vest on December 31, 2013, with payment being made on December 31, 2014. During the year 2012, the company estimated that all options would vest; although only 90% of the options actually vested. Share prices are listed in the table below. What liability will be recorded on December 31, 2012 as a result of the share appreciation rights? January 1, 2012 P20 December 31, 2012 24 December 31, 2013 27 December 31, 2014 30 a. P108,000 b. P120,000 O c. P189,000 O d. P270,000 O e. Po

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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12. Jane Company has
granted 200 share
appreciation rights to each
of its 300 employees on
January 1, 2012. The rights
are due to vest on December
31, 2013, with payment being
made on December 31, 2014.
During the year 2012, the
company estimated that all
options would vest; although
only 90% of the options
actually vested. Share prices
are listed in the table below.
What liability will be recorded
on December 31, 2012 as a
result of the share
appreciation rights?
January 1, 2012
P20
December 31, 2012
24
December 31, 2013
27
December 31, 2014
30
a. P108,000
O b. P120,000
c. P189,000
d. P270,000
e. PO
Transcribed Image Text:12. Jane Company has granted 200 share appreciation rights to each of its 300 employees on January 1, 2012. The rights are due to vest on December 31, 2013, with payment being made on December 31, 2014. During the year 2012, the company estimated that all options would vest; although only 90% of the options actually vested. Share prices are listed in the table below. What liability will be recorded on December 31, 2012 as a result of the share appreciation rights? January 1, 2012 P20 December 31, 2012 24 December 31, 2013 27 December 31, 2014 30 a. P108,000 O b. P120,000 c. P189,000 d. P270,000 e. PO
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