Class 11 Exam > Class 11 Questions > What do u mean by share profit?
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What do u mean by share profit?
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What do u mean by share profit?
An arrangement in which an employer shares some of its profits with its employees. The compensation can be stocks, bonds, or cash, and can be immediate or deferred until retirement. Profit-sharing allows for changing contributions each year. Contributions are determined by a formula to allocate the overall contribution and distribution of accumulated funds after the retirement age. Unless the plans are defined as an elective deferral plan, the contributions are not tax deductible. Contributions and earnings can grow tax-deferred until withdrawal.
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What do u mean by share profit?
Share profit means the ratio in which partners agreed to share profit/income received at the end of the year
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What do u mean by share profit?
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What do u mean by share profit? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about What do u mean by share profit? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What do u mean by share profit?.
What do u mean by share profit? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about What do u mean by share profit? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What do u mean by share profit?.
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