Marigold, Inc. established a stock-appreciation rights (SAR) program on January 1, 2020, which entitles executives...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Marigold, Inc. established a stock-appreciation rights (SAR) program on January 1, 2020, which entitles executives to receive cash at the date of exercise for the difference between the market price of the stock and the pre-established price of $21 on 5.100 SARs. The required service period is 2 years. The fair value of the SARs are determined to be $5 on December 31, 2020, and $10 on December 31.2021 Compute Marigold's compensation expense for 2020 and 2021. Marigold's compensation expense 2020 $ $ Marigold's compensation expense for 2021
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
