E16-30 - 12/31/2011 Compensation Expense $270,000 Liability...

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A.) Stock-Appreciation Rights Schedule of Compensation Expense Date Fair Value 12/31/2009 $6 $240,000 25% $60,000 $60,000 $120,000 12/31/2010 9 $360,000 50% 180,000 $120,000 270,000 12/31/2011 15 $600,000 75% 450,000 (130,000) 12/31/2012 8 $320,000 100% 320,000 400,000 12/31/2013 18 $720,000 100% 720,000 Service Period = 4 Years B.) Dr. Cr. 12/31/2009 Compensation Expense $60,000 Liability under Stock-Appreciation Plan $60,000 12/31/2010 Compensation Expense $120,000 Liability under Stock-Appreciation Plan $120,000
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Unformatted text preview: 12/31/2011 Compensation Expense $270,000 Liability under Stock-Appreciation Plan $270,000 12/31/2012 Liability under Stock-Appreciation Plan $130,000 Compensation Expense $130,000 12/31/2013 Compensation Expense $400,000 Liability under Stock-Appreciation Plan $400,000 Cumulative Compensation Recignizable Percentage Accrued Cumulative Compensation Accrued to Date Expense 2009 Expense 2010 $270,000 $(130,000) $400,000 Expense 2011 Expense 2012 Expense 2013...
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This note was uploaded on 05/01/2011 for the course FINANCE 516 taught by Professor Anderson during the Spring '11 term at Keller Graduate School of Management.

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E16-30 - 12/31/2011 Compensation Expense $270,000 Liability...

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