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zaharov [31]
3 years ago
11

The interest cost component of NPPBC is the_______________.

Business
2 answers:
san4es73 [151]3 years ago
7 0

Answer: D

Explanation: Interest cost reflects the change in the APBO throughout the period which arise simply from a passage in time.

It is usually equal to the APBO at the start of the period times, the supposed discount rate which is used to regulate present value of future cash outflows currently expected or needed to satisfy the commitment or duty.

storchak [24]3 years ago
6 0

Answer:

b. increase in the APBO because of the passage of time.

Explanation:

NPPBC is an acronym for Net Periodic Post-retirement Benefit Cost.

The general rule is the prior service cost should be recognized in NPPBC: by assigning an equal amount of the retroactive benefits to each remain year of service from the plan amendment date to the full eligibility date of each active participant.

Hence, the interest cost component of NPPBC is the increase in the Accumulated Post-retirement Benefit Obligation (APBO) because of the passage of time

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________ involves paying a fee to have your name associated with a venue or event.?
Ann [662]
This is called a "Sponsorship"
4 0
3 years ago
Doyle Company issued $226,000 of 10-year, 5 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is
Thepotemich [5.8K]

Answer:

Dr cash                $226,000

Cr Bonds payable                    $226,000

31st December year 1

Dr cash                       $74,000

Cr Lease revenue                     $74,000

Dr interest expense               $11,300

Cr Cash                                                $11,300

31st December year 2

Dr cash                       $74,000

Cr Lease revenue                     $74,000

Dr interest expense               $11,300

Cr Cash                                                $11,300

Explanation:

Upon the receipt of $226,000 from bond issue,cash acount would be debited with $226,000 and bonds payable account would be credited with the same amount.

When land purchased,the land account is debited with $226,000 and cash is credited with $226,000.

The receipt of $74,000 from lease rental means that cash is debited and the lease revenue is credited.

The coupon interest on the bonds=$226,000*5%=$11,300

The coupon interest is debited to interest expense and credited to cash in each of the two years.

find attached t accounts.

Download xlsx
7 0
3 years ago
Delaney company is considering replacing equipment which originally cost $600,000 and which has $420,000 accumulated depreciatio
Gelneren [198K]
From the given original cost and the total accumulated depreciation of the old equipment, it can be seen that the value of the equipment should still be $180,000.
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Given that it can be sold for only $18,000, the sunken cost is $162,000. 
                            sunken cost = $180,000 - $18,000 = $162,000
7 0
3 years ago
Charge a $5 penalty if an attempt is made to withdraw more money than available in the account.Here the account string is "S" or
romanna [79]

Answer:

C++ code is explained below

Explanation:

class Account {

 double balance;

 double add(double sum) {

   balance += sum;

   return sum;  

 }

 double withdraw(double sum) {

   if (sum > balance) {  

     balance -= 5;

     return -5; // this will come in handy in Prob. 6  

   } else {  

     balance -= sum;

     return balance; // Notice: always >= 0 (never < 0)

   }

 }

 double inquire() { return balance; }  

 Account() { balance = 0; }

 Account(double sum) { balance = sum; }

 double interest (double rate) {

   return rate * balance;  

 }

}

_______________________________

class Bank {

 Account checking;

 Account savings;  

 void deposit(double amount, String account) {

   if (account.equals("C")) checking.add(amount);  

   else // my default

     savings.add(amount);  

 }

 void withdraw(double amount, String account) {

   if (account.equals("C")) checking.withdraw(amount);  

   else // my default

     savings.withdraw(amount);  

 }

 void transfer (double amount, String account) {

   if (account.equals("C"))  

     if (checking.withdraw(amount) >= 0)  

       savings.add(amount);  

     else checking.add(5); // somewhat fault-tolerant

   else // default

     if (savings.withdraw(amount) >= 0)  

       checking.add(amount);  

     else savings.add(5);  // no penalty for transfers

 }

 void printBalances() {

   System.out.println(

     "Checking: " + checking.inquire() +

     "\nSavings: " + savings.inquire()

   );  

 }

}

8 0
3 years ago
Once you turn 18, if you choose one of the 4 options for accessing credit, how will you be sure you use that credit responsibly?
slega [8]

Answer:

What's the four options?

7 0
2 years ago
Read 2 more answers
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