Various strategic initiatives


Question: 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?

  • $300,000
  • $120,000
  • $1,072,000
  • $2,680,000

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Finance Basics: Various strategic initiatives
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