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Compute Separation Pay

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Chester Corp. is downsizing the size of their workforce by 10% (to the nearest person) next year from various strategic initiatives. How much will the company pay in separation costs if each worker receives $5,000 when separated?
Select: 1
$300,000
$120,000
$1,072,000
$2,680,000

© BrainMass Inc. brainmass.com September 23, 2018, 4:19 am ad1c9bdddf - https://brainmass.com/business/finance/581600

Solution Preview

Separation cost = Complement*10%*Separation cost = [roundup(595*10%)]*$5000 = ...

Solution Summary

Compute separation pay

$2.19