To Use an ESOP Successfully, a Company Should Have Pre-Tax

question 2

True/False

To use an ESOP successfully, a company should have pre-tax profits of at least $100,000 and a payroll exceeding $500,000 a year.

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Definitions:

Shield Volcanoes

Shield volcanoes are broad, domed-shaped volcanoes with gentle slopes, formed by the eruption of low-viscosity lava that can flow long distances.

Fissure Eruptions

A type of volcanic eruption characterized by the release of lava from long, narrow cracks or fissures in the planet's surface.

Fire Fountains

Explosive volcanic eruptions where lava is ejected into the air in the form of a fountain due to the release of gases.

Pahoehoe Lava

A type of basaltic lava flow with a smooth, unbroken, and often rope-like surface, characteristic of some Hawaiian volcano eruptions.