Answer and Explanation:
The computation is shown below:
Reference base year is 2000 and as it's the base year, So the CPI is 100.
Now
The prices have risen by 187% by 2016 means the CPI is
= 100 + 187% of 100
= 287.
And,
There is 3.4% inflation in 2017 that means prices have increased by 3.7% in 2017 compared to 2016.
Now
CPI is 287 + 3.4% of 287
= 296.758
CPI in 2017 = 296.758
In 2018, inflation is 3.7%,
CPI = 296.758 + 3.7%
= 307.74
CPI in 2018 = 307.74
In 2019, CPI is 318, which is approx 3.3% higher than as compared to the year 2018 so
Brazil's cost of living rised in 2019.
CPI of Brazil in 2017 is 296.76
CPI of Brazil in 2018 is 307.74
So,
Brazil's cost of living increases every year
Answer: funded status relative to the projected benefit obligation
Explanation:
A defined benefit pension plan is a pension plan type in which the employer promises to pay the worker a lump sum or a pension payment which is based on the earnings history, age and the tenure of service of the worker.
Since Seigel co. maintains a defined-benefit pension plan for its employees. at each balance sheet date, seigel should report a pension asset/liability that will be equal to the funded status relative to the projected benefit obligation.
Answer:
234.03
Explanation:
If you do the math and multiply both the percentages by 3329 and subtract them you’ll get the answer! To multiply you have to turn the percentages into decimals
Answer:
$505,000
Explanation:
Cost of asset includes all the cost involved to acquire and construct the asset. In simple term all the costs that are necessary to make the asset usable are capitalised and added to the cost of the asset.
There are many cost in this question which need to be capitalized. Some is relevant to the building and other to the land account.
The costs specifically associated with the building account are
Construction of Building = $500,000
Construction Permit of Building = $5,000
Total cost to be capitalized in building account = $500,000 + $5,000 = $505,000
Delinquent property taxes is applicable on the land inclusive of building will incur even if there is no, building constructed on the land. So, this tax will be included in the Land value.
