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.
Answer:
increased use of manual labor
Explanation:
Advancement in technology has resulted in machines taking over manual jobs. A few decades ago, manual work was done by human beings exclusively. Industries hired many laborers to assist in many aspects of the business. Today, machines and robots are deployed in different sectors of the economy.
The current trend is the workplace is the use of modern technology. Computers, machines, and robots are gradually replacing people, mostly unskilled and manual laborers.
Answer:
Answer for the question :
Tom sold mutual fund shares, which he had owned for 3 years, so that he could use the proceeds to return to college. Tom is in the 12% marginal tax bracket, and his capital gain from the sale was $12,000. How much tax does Tom owe on the gain?
is explained in the attachment.
Explanation:
Answer:
a shareholder of a corporation
Explanation:
LLC stands for limited liability company. Members of an LLC have limited liability to the debts of the company. Golden gloves LLC is a legal and separate entity from its owners or shareholders. It is entitled it its assets and well as liabilities. If Golden gloves LLC is being liquidated, and its assets are not sufficient to pay all the creditors, the shareholders' personal properties cannot be used to pay off the debts.
Members of Golden gloves have similar liability responsibilities like shareholders of a corporation. The stakeholders of a corporation's liabilities are limited to the extent of their capital contribution. In other words, they have limited liabilities to the debts of the corporation.