of exercise.   The following are the share prices:  January 1, 2021                   100  December 31, 2021             105  December 31, 2022               95  December 31, 2023             105    How much is the liability for December 31, 2022?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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On January 1, 2021, Cream Company offered the c share appreciation rights. The terms are predetermined price P100, 10,000 shares, vesting period 3 years and expiration date, December 31, 2023.

 

The share appreciation is to be paid on the date of exercise.

 

The following are the share prices: 

January 1, 2021                   100 

December 31, 2021             105 

December 31, 2022               95 

December 31, 2023             105 

 

How much is the liability for December 31, 2022?

 

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