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Chapter 21: Q. bFCT (page 481)

If administrators of government pension funds for public employees were to discover in a future yes that they had used a discount rate that was too high, who would end up having to ensure payment of promised pensions?

Short Answer

Expert verified

It combine the digitized PPO issued by CGA's PFMS solution.

Step by step solution

01

Given Information

The complete process was accomplished much before the targeted timeline visibleof the difficulties being faced by the pensioners thanks to the pandemic, a press release issued by the Personnel Ministry remarked.

02

Explanation

As an outcome, as per the statement, the Division of Elders and Older Citizens Care sought to unite the seamless PPO produced by the CGA's PFMS tool alongside Electronics.

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Most popular questions from this chapter

Classify the following items as either financial capital or physical capital.

a. A computer server owned by an information-processing company

b. $100,000set aside in an account to purchase a computer server

c. Funds raised through a bond offer to expand plant and equipment

d. A warehouse owned by a shipping company

Take a look at Table 21-1. Suppose that you are planning your retirement. The appropriate interest rate for computing the present values of future dollars to be received is 8 per cent, and you plan to "cash in" all of what you save for retirement this year in exactly 30 years. How many dollars would you have to save this year to ensure being able to have a total of $50,000 accumulated 30 years from now?

After graduation, you face a choice. One option is to work for a multinational consulting firm and earn a starting salary (benefits included) of \(40,000. The other option is to use\)5,000in savings to start your own consulting firm. You could earn an interest return of 5 percent on your savings. You choose to start your own consulting firm. At the end of the first year, you add up all of your expenses and revenues. Your total includes \(12,000in rent, \)1,000in office supplies, \(20,000for office staff, and \)4,000in telecommunications expenses. What are your total explicit costs and total implicit costs?

Consider Figure 21-2. Explain why the figure indicates that if the normal rate of return on investment were to remain unchanged while accounting profit increased, economic profit also would increase.

Why do you think that people have experienced even more difficulties than usual in predicting the prices of shares of stock issued by individual companies?
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