Hudson Bellington owns 51% of the stock of Bellington Corporation. Two key employees each own...
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Finance
Hudson Bellington owns 51% of the stock of Bellington Corporation. Two key employees each own 15% of the company. Bellington Corporation has 60 other employees; including five that joined the company last year. In addition to these workers, two are part timers share a job as office assistants, each working a 15 hour week. Bellington has just installed an employee stock purchase plan as an incentive plan. The plan must cover _______ employees.
Select one:
a. 55
b. 60
c. 62
d. 63
e. 65
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