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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.
Lenders Lenders are concerned to receive payment of interest and ultimate re-payment of capital. They don't share in the upside of very successful organisational strategies as
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Q. Explain demerits of accept-reject criteria? Demerits of ARR:- (i) It utilizes accounting income rather than cash flows: - The principal short coming of ARR schema is th
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Q. What do you mean by Marketability? Marketability: The firm must be able to sell its holdings and realize cash as and when required. The securities must be readily marketable
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