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Ferraro, Inc. established a stock appreciation rights (SAR) program on January 1, 2012, 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 $22 on 5,440 SARs. The required service period is 2 years. The fair value of the SAR's are determined to be $4 on December 31, 2012, and $11 on December 31, 2013.
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User: Ferraro, Inc. established a stock appreciation rights (SAR) program on January 1, 2012, 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 $22 on 5,440 SARs. The required service period is 2 years. The fair value of the SAR's are determined to be $4 on December 31, 2012, and $11 on December 31, 2013.



Weegy: You can refer [ here; www.google.com.ph/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&ved=0CDkQFjAC&url=http%3A%2F%2Fcdn.transtutors.com%2FUploadAssignments%2F325025_1_accounting.docx&ei=H2jxUYnuLcKzrgeTyIDwDg&usg=AFQjCNHmwqpIfNnjFcQsRh63TQMIh66uJQ&sig2=3qw1hJIVP3hYVySk_4aPwg ]
Expert answered|broarnoldmartin|Points 25|



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Asked 7/25/2013 11:56:43 AM
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