(Answered) Sam doyle owner of doyles furniture inc has requested a

Finance

Sam Doyle, owner of Doyle's Furniture, Inc., has requested a qualified plan that (1) provides an adequate pension for his employees, regardless of what the stock marketdoes, (2) takes care of employees who have been with him for a long time, (3) provides apension that reflects his employees' salaries at retirement, and (4) ties his long-service employees to the company.Should Doyle's Furniture, Inc., use a defined-benefit or a defined contribution plan? Explain

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