On January 1, 2021, BLACK WIDOW Company offered its top management share appreciation right with the following terms: Predetermined price P 100 per share 50,000 shares Service period Exercise date 3 years Number of shares January 1, 2024 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 P 100 per share 50,000 shares Service period Exercise date 3 years Number of shares January 1, 2024 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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