12. Jane Company hasgranted 200 shareappreciation rights to eachof its 300 employees onJanuary 1, 2012. The rightsare due to vest on December31, 2013, with payment beingmade on December 31, 2014.During the year 2012, thecompany estimated that alloptions would vest; althoughonly 90% of the optionsactually vested. Share pricesare listed in the table below.January 1, 2012P20December 31, 201224December 31, 201327December 31, 201430 13. Use the same information *given in Problem 12. Howmuch compensationexpense should be recordedfor the year endedDecember 31, 2013?O a. P96,000O b. P108,000O c. P120,000O d. P258,000

Compensation expenses in case of share appreciation right means the amount of expenses to be borne…

Answered: 13. Use the same information given in…

13. Use the same information given in Problem 12. How much compensation expense should be recorded for the year ended December 31, 2013? O a. P96,000 O b. P108,000 O c. P120,000 d. P258,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

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.
January 1, 2012
P20
December 31, 2012
24
December 31, 2013
27
December 31, 2014
30

13. Use the same information *
given in Problem 12. How
much compensation
expense should be recorded
for the year ended
December 31, 2013?
O a. P96,000
O b. P108,000
O c. P120,000
O d. P258,000

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