Cash balance plan is a retirement plan where workers are credited with a part of their pay annually and a predetermined rate of interest.
<h3><u>What is a Cash balance Plan?</u></h3>
A defined-benefit pension plan with a lifetime annuity option is referred to as a "cash balance pension plan."
<h3><u>What are some features of Cash balance plans?</u></h3>
- Based on defined-benefit needs, the financing caps, funding requirements, and investment risk are established.
- Like a defined-contribution plan, this type of plan is managed on an individual account basis.
- The advantage of these programs is that age-based contribution caps are available.
- Pretax contributions enable those 60 and older to save significantly more money each year than younger people.
You can learn more about defined pension plans work using the following link:
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Answer:
While google ads may be expensive, it spreads the word around quicker because 98% use google. seeing an ad might interesting them into to the buisness.
Explanation:
Answer:that should be based on your class and teacher try checking your syllabus
Explanation:
Answer:
$480,000
Explanation:
Data provided as per the question below:-
Net income = $380,000
Depreciation = $70,000
Decrease in accounts receivable = $30,000
The computation of cash provided by operating activities is shown below:-
= Net income + Depreciation + Decrease in accounts receivable
= $380,000 + $70,000 + $30,000
= $480,000
Therefore we applied the above formula.
Answer:
B) improved decision making
Explanation:
A company's main objective is to make the rational decision that can help the company achieve its goals in order to capture the dynamics of the market.
If a wrong decision is made, it can harm the company's image and the situation would get worse, thus making the company profitable by making a good decision.
In case of the real-time information, decision making plays a very important role so that the managers could take the decisions at the specified time.
