Answer:
3.55 years
Explanation:
The payback period is the length of time it takes for Beyer Company to recoup the initial investment of $370,000.
In other words, the number of years for the net cash flows of the project to equate the initial investment amount of $370,000 as shown in the attached excel file for Beyer company's payback computation
Answer:
$512,000
Explanation:
The computation of Number of Share included for computing diluted earning per share is shown below:-
For computing the Number of Share included for computing diluted earning per share we need to find out the issued shares and Stock option which is given below
Issued Shares = 200,000 × 6 ÷ 12 (From July to December)
= $100,000
Stock option = 60,000 - (60,000 × $28 ÷ $35)
= $12,000
So, Total stock outstanding = Shares at Beginning + Issued Shares + Stock option
= 400,000 + $100,000 + $12,000
= $512,000
Answer:
d. $30,000.
Explanation:
Jack is entitled to 100% of his own contributions = $9,000 + $4,000 = $13,000
The following is the least generous vesting schedule
Least-generous graded vesting schedule
Years of service % vested
1 0%
2 20%
3 40%
4
60%
5 80%
6 100%
Since jack worked for 57 months, he is entitled to 100% of the employer's contributions = $12,000 + $5,000 = $17,000
Total account balance = $13,000 + $17,000 = $30,000
The statement is "false".
The Employee Retirement Income Security Act secures the
retirement resources of Americans by executing rules that qualified plans must
take after to guarantee design trustees don't abuse plan resources. Under
ERISA, plans must provide members with data about arrangement highlights and
financing, and outfit data routinely and for nothing out of pocket.
ERISA additionally sets least benchmarks for interest,
vesting, advantage collection and subsidizing. The law characterizes to what
extent a man might be required to work before getting to be plainly qualified
to take an interest in an arrangement, to collect advantages and to have a non-forfeitable
appropriate to those advantages. It additionally sets up point by point
subsidizing decides that require design patrons to give sufficient financing to
the arrangement.
