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
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
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter15: Investments And Fair Value Accounting
Section: Chapter Questions
Problem 28E
Related questions
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F71ae9ba1-a6e1-4957-9e88-3362cdd17450%2F1b4be268-2b10-472e-86fc-0a664afe8781%2Fgyll9szn_processed.jpeg&w=3840&q=75)
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.
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F71ae9ba1-a6e1-4957-9e88-3362cdd17450%2F1b4be268-2b10-472e-86fc-0a664afe8781%2Fllx7rn_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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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