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Compare and contrast a defined benefit and a defined contribution pension plan.
In defined benefit plan retirement remuneration are determined by a formula that typically considers the worker's salary, age and years of service. The firm and/or the employee contribute the amounts necessary to reach the goal. In a defined contribution plan, the contributions to be made by the employer and/or employee are spelled out, but retirement payback depend on the total accumulation in the individual's account at the retirement date.
What are the main implications of ownership rights by equity claims? Ownership rights have two primary implications: a. First, equity holders can advantage by any raise in t
Swap Market: The fall of Bretton Wood system in early 1970s weakened of the pound. It was imperative to stop the downward slide of the pound. In order to control the flow of fo
Define the balance of payments. Answer: The balance of payments that is abbreviated as BOP can be defined as the statistical record of a country’s international transactions ove
Flex budget
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Evaluate the importance of leverage in financial management of a small scale company
Functional Classification of Mutual Funds Functional classification of Mutual Funds is based on the basic characteristics of the mutual fund schemes for subscription. Mutual Fu
I have a question for my homework, which is: Explain, using relevant instances, how investment decisions are affected by different factors. Help please?
Uses of Index Numbers 1. Establishes trends Index numbers when analyzed reveal a general trend of the phenomenon under study. The available figures for inflation based
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