Answer:
The total value of this firm if you ignore taxes is $16 million.
Explanation:
Considering that the company has decided to borrow $1 million to buy out the shares of a deceased stockholder who holds 2,500 shares, hence to calculate the total value of the firm we have to first make the following calculation:
$1,000,000÷2,500= 400
Hence, Total value of the firm= 400×40,000 shares of stock outstanding
= $16 million is the total value of this firm if you ignore taxes.
<span>From the descriptions given above about Jared's skills and capabilities,
musician in a band on tour, the careers that he would most likely enjoy are music teacher at a school, life-enrichment director and event planner at a retirement home and professional photographer for special events.
</span>
Answer:
100% vesting upon plan entry
Explanation:
Vesting is a term in retirement that means ownership. Meaning that every employee owns (vest) a certain percentage of the account in their plan for each year.
100% vesting means the employee owns Al of his account, the employer cannot forfeit or take it back for any reason.
A qualified plan providing eligibility for all employees age 21 and older with 2 years of service and highly compensated employees are eligible. This will require 100% vesting upon plan entry
