An employee would likely prefer this kind of pension plan:
a. a defined benefit plan
b. a defined contribution plan
c. a hybrid plan
d. none of these
A
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All of the following are conditions for an annuity due except
A) ?periodic cash flows must be equal in amount. B) ?the time periods between the cash flows are the same length. C) ?the interest rate is constant for each time period. D) ?interest is compounded at the end of each time period.
Dillani, Inc is a consulting firm that offers optimal legal solutions
It allocates indirect costs using a single predetermined overhead allocation rate with direct labor hours as the allocation base. The estimated indirect costs for this year amount to $200,000. The company is expected to work 8,000 direct labor hours during the year. The direct labor rate is $300 per hour. Clients are billed at 120% of direct labor cost. Last month, Dillani's consultants spent 170 hours on Davenport, Inc Calculate the operating income from Davenport. A) $51,195 B) $51,000 C) $164,333 D) $5,950
Asset allocation is not recommended by financial planners because mixing different types of assets,
such as stocks with bonds, makes it more difficult to track performance and adjust portfolios to changing market conditions. Indicate whether the statement is true or false
A Small World is a nonprofit retail store that sells gift items made by artisans from over 30 different countries. This store provides employment to craftspeople in developing nations and markets their handiwork at a fair price. The store defines its market segment as people who believe in helping others and who feel good about helping others whenever possible. The store uses _____ segmentation.
A. demographic B. psychographic C. geodemographic D. ethnic E. geographic