Quentin wants to reward his employees while also raising equity in his small business. By doing this, he will be able to keep control of the business until the time comes to hand over the reins to his eligible employees. Quentin has decided to start ______.
A. merit pay system
B. profit sharing
C. gainsharing
D. an employee stock ownership plan
D. an employee stock ownership plan
You might also like to view...
If a credit card is issued to a consumer under the age of 21, the credit card company is required to
A. notify the cardholder's parents so they can monitor their child. B. give a 60-day notice before making any rate hikes. C. obtain the signature of a cosigner who has the means to repay any debt. D. set reasonable spending limits.
Multiplying the depreciation deduction by the tax rate yields a measure of the depreciation tax
a. deferral. b. benefit. c. payable. d. loss.
ISO 9000 registration is required for regulated products sold in the European Union
Indicate whether the statement is true or false
Firms with tangible long-term assets and predictable cash flows, such as electric utilities, tend to have balance sheets with a
a. high proportion of long-term debt (80% or more). b. low proportion of long-term debt (20% or less). c. high proportion of shareholders' equity (80% or more). d. high proportion of cash (80% or more). e. high proportion of retained earnings (80% or more).