1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Soloha48 [4]
2 years ago
8

Pickwick Production offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the b

asis of their age, earnings, and years of service. But the company didn't keep up with technology, and its earnings fell. When the stock market dipped, the company could no longer afford to keep paying for its retirement benefits. What protection will the retirees have in this situation
Business
1 answer:
julsineya [31]2 years ago
4 0

Even though the company is no longer able to pay the retirees, they are still protected because <u>The </u><u>Pension Benefit Guarantee Corporation</u><u> will pay a </u><u>basic benefit. </u>

<u />

The Pension Benefit Guarantee Corporation:

  • Was created to protect the pensions of millions of Americans
  • Provides a basic benefit to pensioners who need pension payments when their companies no longer pay them

The basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.

In conclusion, The <u>Pension Benefit Guarantee Corporation </u>will pay out something to the retirees.

<em>Find out more at brainly.com/question/7331178. </em>

You might be interested in
At the Weatherford Hotel in Flagstaff, Arizona, in Room 59, a balcony extends across thirty inches of the room’s only window, le
lesya [120]

Answer and Explanation:

The Weatherford hotel breached the duty of care as it failed to warn its guest about the unreasonable dangerous condition. Toni Lucario was a guest and it was it was the duty of the hotel to make its premises safe for her and for that the hotel has failed.

4 0
3 years ago
Define “supply” for commodity
Andrews [41]

Answer:

The supply of a commodity is the amount of the commodity which the sellers or producers are able and willing to offer for sale at a particular price, during a certain period of time.

Note: Hope it helped

6 0
2 years ago
Read 2 more answers
Recognizing the importance of small businesses, Congress created the _____ to offer direct services to owners of these enterpris
nevsk [136]
Are their any options for the blank space that you could use?
3 0
4 years ago
Concerning diversity, current trends and US organizations include
Bess [88]

The answer is: .Standardizing interview process to reduce bias and  non-traditional credentials

To achieve diversity, it is important to know that not all people experience the same thing in life due to The difference in their background.

Because of this , it is important to set a standardized interview process so all candidates could prepare for the same thing and to include non-traditional credentials to cover the people that may experience more hardship than others (such as poor economic background, living in high crime rate area, etc)

5 0
3 years ago
A stock's returns have the following distribution: Demand for the Company's ProductsProbability of This Demand OccurringRate of
Margaret [11]

Answer:

Stock's expected return = 12.90%

Standard Deviation = 29.68%

Coefficient of variation = 2.30

Sharpe ratio = 0.30

Explanation:

Note: See the attached excel file for the calculations of the Stock's expected return and Variance.

Given:

Risk-free rate = 4%.

From the attached excel file, we have:

Stock's expected return = Total of Stock's Expected Return = 0.1290, or 12.90%

Variance = Total of F = 0.0880890, or 8.8089%

Standard Deviation = Variance^0.5 = 0.0880890^0.5 = 0.2968, or 29.68%

Coefficient of variation = Standard Deviation / Stock's expected return = 29.68% / 12.90% = 2.30

Sharpe ratio = (Stock's expected return - Risk-free rate) / Standard Deviation = (12.90% - 4%) / 29.68% = 0.30

Download xlsx
8 0
3 years ago
Other questions:
  • The principal difference between objectives and goals is that
    5·1 answer
  • Christopher is designing a security policy for his organization. he would like to use an approach that allows a reasonable list
    12·1 answer
  • Turnbull Co. has a target capital structure of 45% debt, 4% preferred stock, and 51% common equity. It has a before-tax cost of
    13·1 answer
  • The cost principle requires that when assets are acquired, they be recorded at __________.
    8·1 answer
  • A mutual fund had NAV per share of $19.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.14. Income
    11·1 answer
  • A company's weekly payroll amounts to $50,000 and payday for the week is every friday. employees work five days per week, monday
    8·1 answer
  • The high-low method calculates the total fixed cost as the: Group of answer choices
    12·1 answer
  • A company has the following transactions during the month of February. February 2 Pay $610 for radio advertising for February. F
    13·2 answers
  • The following information is taken from the accounts of Latta Company. The entries in the T-accounts are summaries of the transa
    7·1 answer
  • ______ occurs when an employee or an applicant is treated unfairly at work or in the job hiring process due to an identity group
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!