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15 Feb 2024, 09:15
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The total number of shares of
stock the corporation must buy annually
to support this benefit package: NRS/100 The average monetary value of a
single employee’s annual
benefit in this plan: SP
stock the corporation must buy annually
to support this benefit package: NRS/100 The average monetary value of a
single employee’s annual
benefit in this plan: SP
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
68% (02:14) correct
32%
(02:26)
wrong
based on 358
sessions
History
Date
Time
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Not Attempted Yet
Data Insights (DI) Butler 2023-24 [Question #224, Date: Jan-31-2024] [Click here for Details]
At a certain corporation, N is the total number of employees. These employees can choose among a variety of benefits packages, and R% of them choose the stock option plan as their benefit package. For each employee in this plan, the corporation annually buys S shares of the company’s stock. Suppose the average price per share of the company’s stock is P.
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The total number of shares of stock the corporation must buy annually to support this benefit package |
The average monetary value of a single employee’s annual benefit in this plan |
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| NPS | ||
| NRS | ||
| NRS/100 | ||
| RSP | ||
| RSP/100 | ||
| SP |
ShowHide Answer
Official Answer
The total number of shares of
stock the corporation must buy annually
to support this benefit package: NRS/100 The average monetary value of a
single employee’s annual
benefit in this plan: SP
stock the corporation must buy annually
to support this benefit package: NRS/100 The average monetary value of a
single employee’s annual
benefit in this plan: SP
21 Mar 2024, 05:07
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Bookmarks
Option 1 : N *R%*S --> NRS/100
Option 2: Total Monetary Value = N*R%*S*P
Average MV= N*R%*S*P/(N*R%) -----> SP
Regards
Option 2: Total Monetary Value = N*R%*S*P
Average MV= N*R%*S*P/(N*R%) -----> SP
Regards
30 Mar 2024, 23:09
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N: number of employees
R%: percentage of them choose ESOP
S: shares need to be bought for each employee
P: price of each share
The total number of shares of stock the corporation must buy annually to support this benefit package = N * \(\frac{R}{100}\) * S
The average monetary value of a single employee’s annual benefit in this plan = P * S
R%: percentage of them choose ESOP
S: shares need to be bought for each employee
P: price of each share
The total number of shares of stock the corporation must buy annually to support this benefit package = N * \(\frac{R}{100}\) * S
The average monetary value of a single employee’s annual benefit in this plan = P * S
