Answer:
<u>No</u> because the decline in value of her residence <u>does not</u> meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
Explanation:
Terrah's house suffered no actual damage because of a recent forest fire in the area where she lives. Terrah cannot take a casualty loss for the decline in value of her residence caused by the fire as the decline in value of her residence dose not meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
Final answer:
<u>No</u> because the decline in value of her residence <u>does not</u> meet the "sudden, unexpected, and unusual, progressive deterioration" requirement for a casualty loss.
Answer: Net Pension liability of $29 million
Explanation:
A net pension liability will be reported when the obligations of the employer which is the Projected benefit obligation, exceeds the Plan assets because the company has less resources than required to satisfy its obligations.
A net pension asset will be when the Projected Benefit Obligation (PBO) is less than the Plan assets.
In this case, there will be a Net pension liability of;
= PBO - Plan assets
= 75 - 46
= $29 million
Answer:
The incremental annual net cash inflows provided by the new machine would be $2,525.
Explanation:
In order to calculate the incremental annual net cash inflows provided by the new machine we would have to use the following formula:
incremental annual net cash inflows=saving in annual operating cost+contribution earned on additional sales
=( $4,125-$3,730)+(21,300×$0.10)
=$395+$2,130
=$2,525
Hence, The incremental annual net cash inflows provided by the new machine would be $2,525.
Answer:
Yield to Call = 8.66%
Explanation:
The computation of the yield to call is shown below:
First determine Current Price of Bond,
PV = [FV = 1,000, PMT = 30, N = 40, I = 0.075 ÷2]
PV = $845.87
Callable Price = $1,050
Now
Calculating Yield to Call,
I = [PV = -845.87, FV = 1,050, N = 20, PMT = 30]
I = 8.66%
Yield to Call = 8.66%
Answer:
d. defined as the time it takes to produce a product.
Explanation:
There are two concepts i.e Efficiency and effectiveness
Efficiency: In this, the work or task is performed with minimum time, effort and with available resources or we can say in the best possible manner. It deals with the techniques, not the output that will be produced after applying the techniques
Effectiveness: In this, the business organization aims to achieve its goals and objectives. It gives the end result of a particular task.
So, the correct option is d.
