Business & Finance Assignment | Custom Assignment Help

Pamela Renquist, owner of Advance Software Solutions, Inc., wants to install a stock-based retirement

Don't use plagiarized sources. Get Your Assignment on
Business & Finance Assignment | Custom Assignment Help
Just from $13/Page
Order Now

plan for herself and her employees. She has a young company that has averaged 5% a year growth since opening 5 years ago. Pamela has asked you, her financial advisor, to help her understand which type of plan would be more advantageous for Advance Software Solutions, a stock bonus plan or an ESOP. You tell Pamela that:


A – both plans are identical except that an ESOP can be integrated with Social Security while a stock bonus plan cannot, making an ESOP less expensive to provide

B – only a stock bonus plan requires a “put” option, making it more difficult to retire employees when company cash is short

C – the ability to use the ESOP to borrow money with tax deductible dollars could be advantageous to a young and growing business

D – an ESOP will dilute company ownership, but the diversification requirements in a stock bonus plan prevent that from happening

E – only an ESOP can be used to fund a corporate buy-sell agreement and should be used if Pamela want to control business succession

Custom Assignment Help

Question 2

Acorn Booksellers is a small business interested in adopting a qualified retirement plan. The owner of Acorn wants to be able to choose from more than one financial institution when implementing the plan. Acorn’s owner also wants to determine such things as the vesting schedule, and the contribution or benefit formula. As a small business, Acorn wants to keep costs down. You recommend that Acorn use:

A – a master plan, because no determination letter is needed

B – a master plan because it would give Acorn choice in funding institution or medium while keeping installation and implementation costs low

C – a prototype plan because it would give Acorn choice in funding institution or medium while keeping installation and implementation costs low

D – a prototype plan because it gives small employers a tax credit for implementation

E – a small business plan because it is specifically designed for small businesses

Question 3

John creates an irrevocable trust into which he transfers income producing property. The trust provides income to his children for life; remainder to the grandchildren. John has appointed his wife, Sue, as the Trustee of the trust. Sue, as the Trustee, is given the power to apply trust income to purchase life insurance on John’s life. Who is responsible for the payment of the income tax liability attributed to the trust income?

A – Sue, as an individual

B – The children and grandchildren as trust beneficiaries

C – Sue, as the Trustee, and the children and grandchildren based upon the DNI calculation

D – John, as the Grantor of the trust

Question 4

Wheels, a small bike sales and repair shop, has ten employees, 5 full time and 5 part time. Walt Morgan, the owner, can’t afford to provide many employee benefits, but he does provide all employees three full-pay sick days a year. He funds the sick pay out of his general assets. He also provides his full time employees with basic health insurance that has a high deductible to keep costs down. Walt pays an annual premium for this insurance out of his general assets. Under ERISA:

A – Walt must provide employees with a Summary Plan Description

B – Walt qualifies for the small welfare plan exemption

C – Walt must file an annual report to the IRS

D – Walt must do either a or b

E – Walt must do both a and b


Sam has a daughter, Mary, to whom he would like to leave the bulk of his estate. All but which provision in Sam’s will would generally affect how much Mary will receive under Sam’s will?

A – The attestation clause

B – The debts clause

C – The residuary clause

D – The tax clause

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

At, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.

Professional Academic Writers

With, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.

Affordable Prices

Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.

On-Time delivery

My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.

100% Originality maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.

Customer Support 24/7

Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email:

Try it now!

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Homework Writing Services

My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.


Essay Writing Services

At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.


Admission and Business Papers

With, we will help you secure a position at your desired institution. Our essay writing services include the crafting of admissions papers. We will still help you climb your career ladder by helping you write the official papers that will help you secure a job. We will guide you on how to write an outstanding portfolio or resume.


Editing and Proofreading has a professional editorial team that will help you organize your paper, paraphrase it, and eliminate any possible mistakes. Also, we will help you check on plagiarism to ensure that your final paper posses quality and originality.


Technical papers

My Homework Writers harbors professional academic writers from diverse academic disciplines. As such, we can develop homework writing services in all academic areas. The simplicity or complexity of the paper does not affect the quality of homework writing services.