A Business Is Deciding Whether to Give an End-Of-Year Bonus

question 1

Multiple Choice

A business is deciding whether to give an end-of-year bonus of $5000 each year for the next four years to an employee,in order to increase the number of sales that employee makes.What is the minimum extra profit the employee must generate this year for the bonus to be worthwhile over the next four years,if the discount rate is 7%?

• A)$12,263
• B)$14,480
• C)$16,936
• D)$20,000
• E)$18,600

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Vacation

A period of time spent away from work or regular activities, usually for rest, recreation, or travel, to recharge and reduce stress.

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A legal claim filed under the Age Discrimination in Employment Act, alleging discrimination based on an individual's age.

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A reduction in a company's workforce to improve its financial performance or adapt to market conditions.

EEOC

The Equal Employment Opportunity Commission (EEOC) is a federal agency that administers and enforces civil rights laws against workplace discrimination in the United States.