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erastova [34]
3 years ago
6

Ted is retiring in five years and is thinking of selling the business. Ramon, his general manager, tells him that he, the other

managers, and the employees want to buy the business from him. Ted sets up a process where all the managers and employees "buy" stock in the company each month through payroll deductions, so that in five years the employees hold 100% of the company. This is an example of:________.
A) a sale for cash plus a note.
B) a leveraged buyout.
C) a straight sale.
D) an ESOP.
Business
2 answers:
victus00 [196]3 years ago
6 0

Answer:

D) an ESOP.

Explanation:

ESOP is known as employee stock ownership. ESOP IS when employees in a company own shares in that company.

I hope my answer helps you

Basile [38]3 years ago
4 0

Answer:

D) an ESOP.

Explanation:

A employee benefit program that provides interest in the company. Employees are provided withe the specific numbers of shares to ech employee who qualify. Shares are given on a prescribed basis on which they qualify.

In the given question the managers and employees are offered stock in the company. The stock is allocated on payroll basis and within 5 years 100% of the company stock will be allocated to employees

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Fiber Cable Corp. negotiated a deal with Argentina under which Fiber Cable would build three cable manufacturing sites in the co
timofeeve [1]

Answer:

A buyback.

Explanation:

This deal negotiation with Argentina is a buyback. This is when a company buys its own outstanding shares to bring down the quantity of shares available on the open market

7 0
3 years ago
What are unlawful questions to ask during an interview
AveGali [126]

Answer:

Race, Color, or National Origin.

Religion.

Sex, Gender Identity, or Sexual Orientation.

Pregnancy status.

Disability.

Age or Genetic Information.

Citizenship.

Marital Status or Number of Children.

Explanation:

4 0
3 years ago
Read 2 more answers
In the case of dormant cracks wider than about 1m, it is more economical to use ____________
Bad White [126]

Answer:

B. Grouting

Explanation:

These are the options for the question;

A. Epoxy resin

B. Grouting

C. Tensioning

D. Ranging

In the case of dormant cracks wider than about 1m, it is more economical to use grouting method.

Grouting techniques is a techniques that is achieved by removal of dirt or unwanted substance from the crack of the the faulty part and then grouting of the crack after which the surface is sealed by sealants. It should be noted that grouting is economical than other methods such as surface treatment.

8 0
3 years ago
At december 31, gill co. reported accounts receivable of $244,000 and an allowance for uncollectible accounts of $1,350 (credit)
konstantin123 [22]
Given:
<span>accounts receivable of $244,000
allowance for uncollectible accounts of $1,350 (credit)

1% of the accounts receivable should be the value of the allowance for uncollectible accounts. 

244,000 x 1% = 2,440

2,440 - 1,350 = 1,090

Adjusting entry:
                                           Debit                    Credit
Bad Debt Expense             1,090
        Allowance for uncollectible accounts       1,090</span>
4 0
3 years ago
A decrease in interest rates will:__________.
Allisa [31]

Answer:

c. not affect the bond's duration.

Explanation:

The bond duration measures the sensitivity of a bond's price to change in the interest rate. It is a linear measure of those years in which the repayment of the principal is due. the change in interest rate does not affect the duration of the bond.

On the other hand decrease in interest rate would increase the bond's PV and Price of the bond as well.

Payment frequency would not change with the decrease interest rate.

The Coupon rate will also remain the same whether the interest rate increases or decreases.

5 0
3 years ago
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