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Veronika [31]
2 years ago
7

Sydney has worked for WillCo for the last 20 years. She just had her 60th birthday and is thinking about retirement. WillCo spon

sors an ESOP in which Sydney is a participant and has been since the plan's inception 18 years ago. WillCo stock has increased significantly and Sydney is considering diversifying her WillCo stock in the ESOP. Which of following statements is correct? a. Sydney can diversify 25% of her WillCo stock. b. Sydney can diversify 50% of her WillCo stock. c. Sydney cannot diversify until three years prior to retirement. d. Sydney can diversify all of her WillCo stock because she has more than three years of service.
Business
1 answer:
Wittaler [7]2 years ago
5 0

Answer: c. Sydney can diversify 50% of her WillCo stock.

Explanation:

Employee stock ownership plan (ESOP) is simply referred to as an employee benefit where the employees of a particular company are given ownership interest as long as some certain criteria are met.

Once the workers become qualified participants, they can diversify certain percentage of their stocks. From the 1st-5th year, a qualified participant is allowed to diversify about 25% of his or her stock account and about 50% in the 6th year.

Based on the explanation, since Sydney has worked for WillCo for the last 20 years, Sydney can diversify 50% of her WillCo stock.

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Jones corp. reported current assets of $187,000 and current liabilities of $132,000 on its most recent balance sheet. the curren
Lemur [1.5K]

Hello!

acid-test (quick) ratio=(Cash+short term investments+accounts receivable)÷current liabilities

acid-test (quick) ratio is
(63,200+44,800)÷132,000=0.8182

0.8182×100=81.82%

Good luck!

8 0
3 years ago
A free rider problem arises when_________.
wlad13 [49]
The answer to your question is d
3 0
2 years ago
​If a beneficiary wants to make sure that the life insurance proceeds being paid out are not exhausted before he or she dies, th
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Answer:

Option d. Fixed period

Explanation:

time is very essential. Anytime the policy owner specifies payment to be guaranteed for a specific period regardless of who is the beneficiary, policy owner or who receive the payment,is the fixed period settlement option.

Anything that occur  to annuity after the owner's death is dependent on the type of annuity and its payout plan.

A fixed-period,  is that which is for a certain period of time. the annuity guarantees payments to the annuitant for a set length of time. example is about  10, 15, or 20 years and case payments will continue to be paid to the beneficiary until the time given or  period is due or when  account’s balance reaches zero.

3 0
2 years ago
Mallory Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 1
Afina-wow [57]

Answer:

3,000 cubic feet left of storage.

Explanation:

Giving the following information:

Big shelves (B):

Each big shelf costs $500.

It requires 100 cubic feet of storage space.

Medium shelves (M):

Each medium shelf costs $300

It requires 90 cubic feet of storage space.

The company has $75,000 to invest in shelves.

The warehouse has 18,000 cubic feet available for storage.

Mallory purchase 150 big shelves.

Amount of money= 150* 500= $75,000 (no money left).

Cubic feet= 150* 100= 15,000 cubic feets

3,000 cubic feet left of storage.

8 0
2 years ago
In San Francisco there are many restaurants that specialize in a wide variety of cuisines. Patronage at these restaurants is inf
Verdich [7]

In San Francisco, there are many restaurants that specialize in a wide variety of cuisines. Patronage at these restaurants is influenced by factors such as tastes, price, and location. This market is option (b) i.e, monopolistically competitive.

<h3>What is monopolistically competitive?</h3>

An industry with a lot of companies offering similar (but not identical) replacement goods or services is known as one with monopolistic competition. In a monopolistic competitive industry, there are few barriers to entry and exit, and no firm's decisions directly affect those of its rivals.

Monopolistic competition is characterized by a number of features.

  • slight variations in the goods and services,
  • Free access to the market and exit
  • many businesses
  • Profits from incomplete consumer knowledge

Consumer electronics, apparel, restaurants, and hair salons are a few examples of industries with monopolistic competition. Each business delivers goods that are comparable to those of other businesses in the same sector. They can, however, set themselves out through branding and marketing.

To know more about monopolistic competition refer to:  brainly.com/question/13686157

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6 0
1 year ago
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