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Exercise 9. What is the difference between a defined-benefit pension plan and a defined-contribtion pension plan? Defined-benefit- Defined-contribution - Exercise 10. Kroog Co's 20XX Financial

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Exercise 9. What is the difference between a defined-benefit pension plan and a defined-contribtion pension plan? Defined-benefit- Defined-contribution - Exercise 10. Kroog Co's 20XX Financial Statements contained the following selected data (in millions). Compute the following, rounding the ratios to 2 decimal points. (3) Working Capital (b) Current Ratio (c) Quick Patio (d) What do these tell you about the companys ability to pay its current liabilities and instant debt paying ability

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