Answer:
$210,000
Explanation:
Calculation to determine the pension expense for the year
Service cost $197,000
Interest cost $39,000
Less Expected return on plan assets ($26,000) ($260,000*10%)
Pension expense $210,000
Therefore the pension expense for the year will be $210,000
Answer:
$55 per share
Explanation:
Calculation for the customer's cost basis in ABC stock
Based on the information given we were told that the customer bought the stock at the amount of $50 in which he later sold at the amount of $44 making the customers to have a loss of $6 per share ($50-$44), which means the customer adjusted of the cost basis on the stock will be calculated as :
ABC stock $49 + Loss of $6 per share
=$55 per share.
Therefore The customer's cost basis in ABC stock is: $55 per share.
Answer:
finances
Explanation:
College is expensive and people that go to college have an expectation of landing a great paying job. Reality is that is not always the case. Often leading to a long time of paying of student debts.
Answer:
<em>A. autoworker who is temporarily laid off from an automobile company because of a decline in sales.
</em>
Explanation:
Cyclical unemployment is <em>unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.</em>
This takes place during times of decreased economic growth or times of economic slowdown.
Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.
Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.
The business cycle is the fluctuation in economic activity
