In a plan, the employer sets up an individual account for each employee. the retirement income is not guaranteed, and is based on contributions by the employee and a match by the employer, in addition to investment earnings.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Serious question, which is preferred in a business? pp or poopoo?