Employees is a key employee

Assignment Help Financial Management

Reference no: EM131523955

Which of the following employees is a key employee for 2016?

1. Matt, an officer of the company, who earns $100,000 per year and owns 2% of the company.

2. Missy, who earns $37,000 per year and owns 4.5% of the company.

3. Tara, an officer of the company who earns $195,000.

4. Julie, a 10% owner of the company who earns $24,000 per year as a secretary.

(a) 4 only.

(b) 3 and 4.

(d) 1, 3, and 4.

Reference no: EM131523955

Questions Cloud

Total-revenue-total-cost approach : Explain how purely competitive firms can use the total-revenue-total-cost approach to maximize profits or minimize losses in the short run.

Compute the expected annual rate of return for the strategy : Your strategy is to sell the stock at that time. Compute the expected annual rate of return for the strategy.

What assumption must you make to find the variance : A company owns two different computers, which are in separate buildings and operated entirely separately. Based on past history, Computer 1 is expected.

The framework for analyzing the moral foundations : Principalism is the framework for analyzing and comparing the moral foundations of the ethical statements of these health-related professional associations.

Employees is a key employee : Which of the following employees is a key employee for 2016?

Regulation of business relationships : Why is the issue of insolvency an important factor in the regulation of business relationships?

Budget without hurting performance : How the organization Cut Its Budget Without Hurting Performance?

What is wrong with the manager calculation : A firm is negotiating with a local club to supply materials for a party. The firm's manager expects to sell 100 large bags of pretzels for $3 each or 300.

Considered highly compensated : Which of the following people is considered highly compensated for 2016?

User Account

All Pages