Business, 18.02.2021 21:20 williamsa24mr238org

To celebrate the company's inclusion in an annual ranking of the nation's best organizations, the board of Nebulous, Inc., a public entity, decided to issue stock appreciation rights to executives and department heads at January 1, Year 10. The total number of SARs issued was 5 million. These employees may elect to receive cash at the exercise date. The SARs vest in 4 years and expire in 8 years. The initial fair value of each SAR is $7, and the revised estimates of fair values for Year 10, Year 11, Year 12, and Year 13 are $9, $10, $9.50, and $7, respectively. 1. Record the journal entries for December 31, Year 10, if any.2. Record the journal entries for December 31, Year 11, if any.3. Record the journal entries for December 31, Year 12, if any.4. Record the entries for December 31, Year 13, if any.

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To celebrate the company's inclusion in an annual ranking of the nation's best organizations, the bo...

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