Tims Inc. had decided to allow long-term part-time employees to receive employer-matching contributions. Minu was 18 years old in the year 2020 when she joined the firm. Minu became eligible to participate in 2024. How many years has she been vested? 4 years 3 years O 1 year O2 years
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- Explain what retention funding is and the reason why a risk manager mightimplement retention funding?At a recent board meeting of Co., a non-executive director suggested that the company’s remuneration committee should consider scrapping the company’s share option scheme, since the executives could be rewarded by the scheme even when they do not perform well. A second non-executive director had a view that, even when the executives act in ways which decrease the agency problem, they might not be rewarded by the share option scheme if the stock markets were in decline. REQUIRED: Explain the nature of the agency problem and discuss the use of share option schemes and performance-related pay as methods of reducing the agency problem in a stock-market listed company.Describe three criteria of the 13 minimum standards on which plan status is determined to qualify retirement plans for preferential tax treatment.
- You’re getting ready to expand yourwoodworking hobby into a full-time business ofbuilding custom kitchen cabinets. To create top-qualitycabinets, you know you’ll need to upgrade from theconsumer-grade machinery you have now toindustrial-grade equipment. The new equipment willbe much more expensive but, if properly cared for,should last for decades, and you hope to be inbusiness for at least 20 years. If the overall costs ofleasing this equipment or borrowing money to buy itare roughly the same, which financing method wouldyou choose? Why?Practical Activity: Do a short research project on the types of funds that fallunder the auspice of the Pension Funds Act. Identify well-known retirement funds that fallwithin these categories and obtain information about their registration in terms of thePension Funds Act.Smith Co. is a firm specializing in financial advice for retired individuals. After some analysis, youhave determined that an earnings multiplier of 7 is appropriate for this type of business. Smith’smost recent earnings totaled $250,000, and earnings per share was $4.50. What is the value of thefirm based on the earnings multiplier?
- Breifly explain how and why profitablity will change if the profit remains the same, but the retainge is adjusted from 10% to 5%?Describe 3 criteria of the 13 minimum standards on which plan status is determined to qualify retirement plans for preferential tax treatment1.2) Judy is a shareholder in Pat-X Ltd. She believes that she can use the share certificate to make a payment. She wants to exchange the certificate for a pair of shoes. The last time she checked the shares were valued at a R1000 and she figures she could put them to good use. Can she do so? Discuss with reference to the nature of a share certificate.
- 5. A tenancy in severalty means O A. co-ownership. OB. one owner. OC. tenancy in common. ⒸD. several successive owners. Mark for review (Will be highlighted on the review page) Les PreviousOJELU StorUnder federal law, a tax exempt Health Savings Account can only be opened for an individual who is Ο Α. covered by a qualified High Deductible Health Plan covered by Long Term Care Insurance entitled to Medicare benefits eligible to be claimed as a dependent on another person's tax return B. OC. O D.1. State hypotheses of entrepreneurship and development of start-ups. 2. State hypotheses of risk tolerance and development of start-ups. 3. State hypotheses of innovation and development of start-ups.