What amount should BLACK WIDOW charge to compensation expense for the year December 31, 2023 as a result of the share appreciation right? On January 1, 2021, BLACK WIDOW Company offered its top management share appreciation right with thefollowing terms:Predetermined priceP 100 per share50,000 sharesService period3 yearsNumber of sharesExercise dateJanuary 1, 2024The share appreciation right is to be exercised on January 1, 2024. The quoted prices per share are P100, 124, 151and 151 on January 1, 2021, December 31, 2021, December 31, 2022, December 31, 2023, respectively.

Compensation expense for the year = Number of share x Fair value of right at year end - Expense…

On January 1, 2021, BLACK WIDOW Company offered its top management share appreciation right with the following terms: Predetermined price Number of shares P 100 per share Service period 3 years January 1, 2024 50,000 shares Exercise date The share appreciation right is to be exercised on January 1, 2024. The quoted prices per share are P100, 124, 151 and 151 on January 1, 2021, December 31, 2021, December 31, 2022, December 31, 2023, respectively.

On January 1, 2021, BLACK WIDOW Company offered its top management share appreciation right with the following terms: Predetermined price Number of shares P 100 per share Service period 3 years January 1, 2024 50,000 shares Exercise date The share appreciation right is to be exercised on January 1, 2024. The quoted prices per share are P100, 124, 151 and 151 on January 1, 2021, December 31, 2021, December 31, 2022, December 31, 2023, respectively.

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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