Pennsylvania Sustained Profit Growth Plan

State:
Multi-State
Control #:
US-CC-20-160H
Format:
Word; 
Rich Text
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Description

20-160H 20-160H . . . Sustained Profit Growth Plan under which (a) each officer of the level of Senior vice President and above receives a contingent cash award equal to a specified percentage of his or her annual base salary and (b) actual awards are determined by measuring the corporation's performance of previously selected business measures and attainment of specific objective numeric goals relating to those measures over a three year performance period. The measures may include return on average or year-end equity, return on average or year-end assets, earnings per share, growth in earnings per share, increase in the corporation's common stock price, total return to stockholders, growth in net income per employee, growth in non-interest income, control of net overhead expense, control of non-performing loans, capital adequacy, and adequacy of loan loss reserves
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FAQ

Top 5 Commodities Dairy products. Mushrooms, Agaricus. Cattle and calves. Corn. Broilers.

Corn, soybeans accounted for more than half of U.S. crop cash receipts in 2022. Crop cash receipts totaled $278.1 billion in calendar year 2022. Receipts from corn and soybeans accounted for $150.9 billion (54.3 percent) of the total.

#1. Corn. Crops are ranked by total annual value of production as of July 16, 2022.

Present-day CropFarms ProducingAcres (km2)Corn for grain13,693949,375 (3,841.98)Corn for silage or greenchop7,059353,212 (1,429.40)Wheat for grain3,370151,920 (614.8)Oats for grain2,71149,693 (201.10)11 more rows

The top three sectors by total employment are Manufacturing, Real Estate and Rental and Leasing, Healthcare and Social Assistance, while the unemployment rate across the state in 2023 was 3.9%.

Farming is prominent in the rural areas of the commonwealth, the southeast in particular (including Berks County, Lancaster County, and York County).

Dairy Farming: Dairy farming is one of the most profitable agricultural business ideas. Aside from milk, it also produces manure. There is a high demand for organic dairy products all year round such as milk, cheese, curd, cream and so much more.

Some of the state's major industries are broadcasting and telecommunications, administrative and support services, health care services and construction. Pennsylvania also has its fair share of independent artists, writers and performers.

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Pennsylvania Sustained Profit Growth Plan