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DSD Corp

Finance Dec 11, 2020

DSD Corp. has the following salary information for 3 employees: 
lEmployeellYears WorkedllAvg. Salary last 3 years of servicellCareer avg. salary' 'Sheila Ills lisas,000 lisao,000 1 hake 1120 4150,000 4110,000 1 'Bobby 1125 11S325,000 4200,000 1 
If relevant, the annual payout is 5%, and the annual benefit is $3,000 per year of service. Calculate the annual benefit for each employee assuming Flat benefit formula . 
QA. 
O B. 
O C. 
O D. 
Employee 
Sheila 
hake 
Bobby 
Annual Benefit 
$45,000 
$55,000 
$75,000 
Employee 
Sheila 
hake 
Bobby 
Annual Benefit 
$30,000 
$140,000 
$150,000 
Employee 
Sheila 
hake 
Bobby 
Annual Benefit 
$30,000 
$140,000 
$250,000 
Employee 
Sheila 
hake 
Bobby 
Annual Benefit 
$45,000 
$60,000 
$75,000 

Expert Solution

So, the correct option is "D".

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