A typical defined benefit pension plan formula includes all of the following except:

a. the number of years of employee service
b. the fair market value of pension plan assets
c. a credit for each year of annual service
d. the final salary at retirement date


B

Business

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It is estimated that 20 to 30 percent of audiences are ____________________ learners, and benefit the most from powerful words and stories.

Fill in the blank(s) with the appropriate word(s).

Business

Dishonor occurs when acceptance of an instrument cannot be obtained within the prescribed time.

Answer the following statement true (T) or false (F)

Business

Each of the following factors may cause a corporation to lower its dividend payout ratio EXCEPT

A) current common shareholders are unable to participate in new equity offerings. B) the corporation's current and quick ratios are higher than industry average. C) the corporation's retained earnings balance is high. D) the corporation's earnings predictability is high.

Business

Explain how employees are taxed on group life insurance supplied as an employee benefit

What will be an ideal response?

Business