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2 years ago

In a defined benefits plan, the employer bears the investment risks in funding a future retirement income benefit. true false

1 answer:

7 0

It is True, In a defined benefits plan, the employer bears the investment risks in funding a future retirement income benefit.

Who bears the chance in defined benefits plan?

defined benefits plan also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will provide you with a specified monthly gain at retirement. The employer bears the funding dangers.

What's a defined benefits plan?

An organization-subsidized retirement plan wherein employee benefits are taken care of out based on a system the use of factors which includes income history and length of employment.

What's the risk of defined benefits plan?

Word that pension danger arises handiest with defined benefits plan. A defined-advantage 401-k plan promises to pay a particular (defined) gain to retired employees. to fulfill this obligation, the organization ought to invest wisely so that it has the finances to pay the promised advantages.

Who benefits most from a defined benefits plan?

More youthful personnel have longer for the cash to grow. contributions may be deductible depending on income limits. Contributions aren't deductible, they may be made with after tax dollars and can keep past seventy two if nonetheless running.

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Justice enterprises has current assets of $593 million and current liabilities of $316 million. what is their current ratio?

Inessa [10]

To solve this problem, first, we must know the formula to get the current ratio.
Currents Assets
Current Ratio= -------------------------
Current Liabilities

So in this problem the current assets and current liabilities are given which are the following:
CA= $593,000,000
CL= $316,000,000

Let's now solve $593,000,000 / $316,000,000 = 1.88

4 0

2 years ago

The point where P1 and Q1 intersects represents the

Lena [83]

Good evening, Benedettoanna24!

The point where P1 and Q1 intersects represent the equilibrium (Q) price, a price that represents the same amount of supply and demand in the market of that product.

I hope this answer has satisfied your needs, and if you have anymore questions, feel free to ask. Have a good night!

5 0

3 years ago

You wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $24,000

den301095 [7]

Answer:

$3,286.52

Explanation:

Interest rate per annum = 12.00%

Number of years = 25

Number of compounding per per annum = 1

Interest rate per period (r) = 12.00%

Number of periods (n) = 25

Payment per period (P) = $24,000

PV of $24,000 payments after 20 years = P * [1 - (1/(1+r)^n)]/ r

PV of $24,000 payments after 20 years = 24000*[1-(1/(1+12%)^25]/12%

PV of $24,000 payments after 20 years = $188,235.34

Interest rate per annum = 10.00%

Number of years= 20

Number of payments per per annum = 1

Interest rate per period (r) = 10.00%

Number of periods (n) = 20

Future value of annuity (FVA) = $188,235

Annual contribution (P) = FVA/ ([ (1+r)^n - 1] / r)

Annual contribution (P) = 188235/(((1+10%)^20-1)/10%)

Annual contribution (P) = $3,286.52

5 0

2 years ago

North Company has completed all of its operating budgets. The sales budget for the year shows 50,220 units and total sales of $2

Dmitriy789 [7]

Answer:

The income taxes figure of $203,000 is missing from the information provided:

The net income from the budgeted income statement is $466,520

Explanation:

The multiple step income statement differentiates operating revenue from non-operating revenue,operating expenses from one off non-operating expenses as operating gains and losses from non-operating ones

North Company budgeted income statement

Total sales revenue $2,190,100

Variable costs of sale($24*50,220) ($1,205,280)

Gross profit $984,820

Selling and administrative expenses ($305,300)

Profit before interest & taxes $678,940

Interest expense ($10,000)

Income taxes ($203,000)

Net income $466,520

5 0

3 years ago

It is the goal of the managers at Trevor's company to rework the production line so that it produces as many automobile parts as

raketka [301]

Answer:

management strategy

Explanation:

By improving the companies management strategy the the manager in trevor's company would be able to gain competitive advantages and also achieve the companies objectives with the required resources.

5 0

3 years ago

Read 2 more answers