Carson is involved in a plan that gives him stock in his company based on the number of years he has worked there. his stock is held in trust for him by the company until he leaves or retires
because of his ownership in the company, carson feels more connected to the business and is motivated to ensure its success. carson is participating in a(n) ) profit sharing plan
b) employee stock purchase plan
c) esop
d) 401(k)
e) pension plan

Payday loans could be considered as a. illegal b.subprime lending c. good deal for borrower d. for frequent use

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Each of the four independent situations below describes a sales-type lease in which annual lease payments of $12,500 are payable at the beginning of each year. each is a finance lease for the lessee. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) situation 1 2 3 4 lease term (years) 3 3 3 3 asset’s useful life (years) 3 4 4 6 lessor’s implicit rate (known by lessee) 14 % 14 % 14 % 14 % residual value: guaranteed by lessee 0 $ 5,000 $ 2,500 0 unguaranteed 0 0 $ 2,500 $ 5,000 purchase option: after (years) none 2 3 3 exercise price n/a $ 7,500 $ 1,500 $ 3,500 reasonably certain? n/a no no yes