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SCORPION-xisa [38]
3 years ago
5

Ardent Industries is considering starting a retirement plan for its 850 employees. One option company managers are considering i

s a profit-sharing plan. All the following statements represent advantages of this type of retirement plan EXCEPT: Group of answer choices Amounts forfeited by employees who leave a company before they reach full vesting are allocated to the accounts of remaining plan participants. A profit-sharing plan is a defined-contribution plan in which contributions are based on a firm's operating profit. An employer's cost of offering a profit-sharing plan is not affected by the age or number of employees. A company that establishes a profit-sharing plan must make annual contributions to the plan, even if the company fails to earn a profit during the year.
Business
1 answer:
Nitella [24]3 years ago
6 0

Answer:

A company that establishes a profit-sharing plan must make annual contributions to the plan, even if the company fails to earn a profit during the year.

Explanation:

A profit sharing plan is defined as the type of contribution plan where the plan helps in saving for the retirement of the employees while providing them the flexibility of the plan features. It is a way for the owners of the business to share the profits with the investors and also a great way to attract investment in his business.

In a profit sharing plan, the organization does not have to make or contribute any amount to the plan annually. Such a plan is best suited for the companies which experiences a fluctuating cash flow.

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A corporate sponsor has several institutions which want to participate in a hgt trial. what local review/approvals are needed, i
Stells [14]

For an HGT trial  corporate sponsor have each Institution's IBC and and IRB review should be there. These authorities should approve the protocol and informed consent to further proceed the trials of research.

Corporate sponsorship support is a payment by way of a commercial enterprise to a nonprofit to further the nonprofit's venture, this is commonly identified through the nonprofit with an acknowledgment that the commercial enterprise has supported the nonprofit's activities, applications, or special event.

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Learn more about corporate sponsor here:- brainly.com/question/13310081

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6 0
2 years ago
Traffic patterns are important in room design and should take potential furniture placement into account true or faolse
sergiy2304 [10]
The answer for the given statement above would be TRUE. What makes this true is that traffic patterns should be taken into consideration because this is the space in the room that people can walk through. Therefore, such furniture placements should be observed very well.
3 0
3 years ago
Read 2 more answers
Gobblecakes is a bakery that specialized in cupcake. The annual fixed cost to make cupcake is $18,000. The variable cost includi
Brut [27]

Answer:

Gobblecakes is a bakery that specialized in cupcake. The annual fixed cost to make cupcake is $18,000. The variable cost including ingredients and labor to make a cupcake is $0.9. the bakery sell a cupcake for $3.2 a piece.If the bakery sells 12,000 cupcakes annually, determine the total cost, total revenue, and profit.

Total cost= variable cost + fixed cost

TC= 0.9+18,000

TC= $18,000.90

Total revenue= price X quantity of goods

TR= 3.2 X 12000

TR= $38,400

Profit= TR-TC

Profit= $38,400-$18,000.9

profit= $20,399.10

Explanation:

4 0
3 years ago
Gilmore, Inc., just paid a dividend of $3.15 per share on its stock. The dividends are expected to grow at a constant rate of 6
egoroff_w [7]

Answer:

$66.78

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Value of Share = Dividend / (Rate of return - Growth rate)

P0 = D0 ( 1 + g ) / ( r - g )

where

P0 = Value of stock at time 0 / today = ?

D0 = Dividend paid at time 0 / current = $3.15

g = growth rate = 6%

r = rate of return = 11%

Placing all these values in the formula

P0 = $3.15 ( 1 + 6% ) / ( 11% - 6% )

P0 = $3.339 / 5%

P0 = $66.78

4 0
3 years ago
Read 2 more answers
The green giant has a 8 percent profit margin and a 67 percent dividend payout ratio. the total asset turnover is 1.3 times and
Goryan [66]
Profit margin of green giant = 8% = 0.08
 Dividend payout ratio = 67% = 0.67
 Total turnover = 1.3 times
 Equality multiplier = 1.6 times
 First calculate the return of equity = profit margin x turnover x equality
multiplier
 Return of Equity = 0.08 x 1.3 x 1.6 = 0.1664
 Now the sustainable rate of growth = Return of Equity x (1 - Dividend payout ratio)
 Sustainable rate = 0.1664 x (1 - 0.67) = 0.1664 x 0.33 = 0.055
 Sustainable rate of growth = 5.5%
8 0
3 years ago
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