1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Veronika [31]
3 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]3 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.

You might be interested in
The amount of money left in a checking account after the checks and the service charges have been deducted is called the:
BabaBlast [244]

Answer:probably interest

Explanation:

3 0
3 years ago
Read 2 more answers
Based on the lesson and your research, how would you fund a four-year college degree? In two to three sentences, explain your ch
LekaFEV [45]
You can fund a four-year college degree by either of the following:

1. Loans
Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.

2. Scholarships
Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.

3. Work-study programs
They operate with the financial aid office of the school. However, they require the student's determination and financial needs. 
9 0
4 years ago
Read 3 more answers
choose a real or made-up example of a company, and describe at least three variable costs the company has. (1-3 sentences.
Solnce55 [7]
For a restaurant, some variable costs could be labor costs/ worker wages, raw product/ purchasing food to cook, and energy and fuel/ utilities.
7 0
3 years ago
A company collected $10,000 cash from a customer as a deposit for goods that will be shipped next quarter.
Sholpan [36]

Answer:

(A) Total assets,

(C) Cash from operations and

(D) Total liabilities

Explanation:

A company collecting $10,000 cash from a customer as a deposit for goods that will be shipped next quarter is an example of an unearned revenue. It is receiving money from the customer in advance for the good or service yet to be provided.

And this is considered as a liability and recorded in the balance sheet as such because the company now owes the customer.

When the good or service is now provided, it increases the total assets.

8 0
3 years ago
Read 2 more answers
Tom elects the Life Income with 10-year Period Certain settlement option. Tom dies in year 6. The beneficiary receives payments
Sonbull [250]

Answer:

B. 4 years

Explanation:

As per the certain life income period, the guaranteed payments for the recipient lifetime or the specified time duration whichever is more.

Now if the recipient dies before the certain period ended, so the payments would be continued to the other beneficiary unless there is an end for the certain period

So, in the given situation, the payments would be received for

= 10 years - 6 years

= 4 years

Hence, the correct option is B. 4 years

6 0
3 years ago
Other questions:
  • Presto company purchased equipment and these costs were incurred: cash price $65,000 sales taxes 3,600 insurance during transit
    10·1 answer
  • In an imperfectly competitive labor market, the cost of labor inputs and the value of the products sold will _________ vary as m
    5·1 answer
  • The federal reserve has kept interest rates very low. some might argue that this could lead to
    8·1 answer
  • Donna Holbrook, an administrative assistant at Mason Enterprises, charged some office supplies to the company credit card. Sever
    9·1 answer
  • A customer complains that he was short changed by you receiving only 13 cents change from 2 dollars instead of 31 cents. what wo
    11·1 answer
  • One way to interpret the change in Blue Hamster's accounts receivable balance from Year 1 to Year 2 is that more customers purch
    12·1 answer
  • Sleep Tight, Inc., manufactures bedding sets. The budgeted production is for 20,900 comforters this year. Each comforter require
    6·1 answer
  • Consider the following three scenarios:
    8·1 answer
  • Ms. Krisak asks the question, "Does the ability to stay on the cutting edge of home interior trends provide our customer tangibl
    14·1 answer
  • Examples of persuasive ads
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!