User Account

All Pages

What amount of compensation expense should korsak recognize

Assignment Help Accounting Basics
Reference no: EM132080988

Question - On January 31, 2012, Tshang, Inc. established a stock appreciation rights plan for its executives. It entitled them to receive cash at any time during the next four years for the difference between the market price of its common stock and a pre-established price of $20 on 60,000 SARs. Current market prices of the stock are as follows:

January 1, 2010 $35 per share

December 31, 2010 38 per share

December 31, 2011 30 per share

December 31, 2012 33 per share

Compensation expense relating to the plan is to be recorded over a four-year period beginning January 1, 2010.

On December 31, 2012, 16,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended December 31, 2012?

Reference no: EM132080988

Questions Cloud

Obtains the accompanying data : She records the height of both the father and son in inches and obtains the accompanying data. Are sons taller than their? fathers?
Estimates and costs considered as detailed estimates-costs : Why are rough estimates and costs considered as detailed estimates and costs?
Evaluation of unethical behavior in accounting profession : Write a 750-word evaluation of unethical behavior in the accounting profession. You may use examples from Enron, WorldCom, Adelphia, Tyco International.
Calculate and show the confidence interval : Calculate and show the confidence interval based on the significance level given above.
What amount of compensation expense should korsak recognize : On December 31, 2012, 16,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended
Interval estimate of the subway fare : Over the? years, it was noticed that the cost of a slice of pizza and the cost of a subway fare in a certain city seemed to increase by the same amounts.
Important in choosing people for overseas assignment : What selection criteria are most important in choosing people for an overseas assignment?
Identify a problem you currently face : Identify a problem you currently face and use the concepts of logical decision-making to generate solutions.
Confidence interval about the population mean difference : With 99% confidence interval about the population mean difference. Device A minus device B. The confidence interval is = (____) (_____)

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the treatment and disposition of waste material

Trained as a mining engineer, David has developed considerable expertise in the treatment and disposition of waste material

  Preferred stock-calculate dividend amounts

Calculate the cash dividends required to be paid for each of the following preferred stock issues: The semiannual dividend on 6% cumulative preferred, $50 par value, 30,000 shares authorized, issued, and outstanding.

  How can a firms security policies contribute and relate to

how can a firms security policies contribute and relate to the six main business objectives and give

  Create an excel file with the financial statements

Review the attached guide and references. Create an Excel file with the key steps, financial statements/key accounts--implications, challenges, issues and concerns. Also indicate organizational impact such as corporate reporting, HR, IT, internal ..

  Prepare the journal entry to record montana capital lease

Montana Company signs a five-year capital lease with Elway Company for office equipment. The annual lease payment is $20,000, and the interest rate is 8%.

  What would be the impact to monthly profits

The Cardinal Company produces T-shirts promoting Otterbein University to various retailers. What would be the impact to monthly profits

  Normal care and intensive care

Limon Hospital has two types of patients: normal care and intensive care. On a daily basis, both types of patients consume resources necessary for their care.

  Supplementary computing power

A business has just hired you as IT consultant. They are interested in cloud computing to provide supplementary computing power during the Christmas shopping season when deemed for their online products skyrockets. Which type of cloud computing wo..

  Discuss why should you receive a higher hourly rate

Why should you receive a higher hourly rate if you receive a 1099, than if you were issued a W-2 Form

  Problem regarding the lease classification

Dianne Company signed a ten-year lease agreement on January 1, 2014. The lease requires pay- ments of $5,000 per year every December 31. Dianne estimates that the leased property has a life of 12 years. The interest rate that applies to the lease ..

  Adjustment to the allowance for doubtful accounts

Past experience indicates that the allowance should be 10% of the balance in receivables (percentage of receivables basis). If the accounts receivable balance at December 31 was $380,000, what is the required adjustment to the Allowance for Doubtf..

  Journalize the transactions for cactus co

Journalize the transactions for Cactus Co - The selected transactions were completed by Cactus Co.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd