Answer:
I used an excel spreadsheet to answer this question.
Answer
given,
Net sale = $34,700
Net income = $94
Total assets at the beginning = $24,640
Total asset at the end of the year = $23,300
Average asset =
=
average turnover ratio = 
= 
= 1.447
Return on asset = 
= 
= 0.39 %
A safety guard... which is a metal frame that you use to protect against any incoming things or moving parts that your hand can touch.
<u>Answer:</u> In economic duress cases the courts look of
the threats and the victim's alternatives.
<u>Explanation:</u>
Duress means where violence is used against the party to forcefully receive signatures of approval on written contract. The violence used can be unlawful threats or coercive behavior without which the person may not agree to commit to. If the pressure given is lawful it does not mean the economic duress is lawful.
Duress is an illegal act which is punishable under law. The court will check if the party had any threat. Also the court will check if the victim had any alternatives such as protesting at that time or the victim has affirmed the contract.
Answer:
= $560,000
Explanation:
Given that:
- -Beginning PBO: 500,000
- -Current Service Cost: 50,000
- -Discount Rate: 6% => interest cost = 500,000*6% = 30,000
- -Contributions by Pernell: 40,000
- -Benefits paid to employees 25,000
- -Loss on PBO: 5,000
As we know that service cost; gains and losses; payments to retired employees; prior service cost; interest cost; payments to employees are factors that change the balance of the PBO
So the ending balance of the PBO will be:
Beginning PBO + Current Service Cost + Interest cost Loss on PBO -Benefits paid to employees
$500,000 + $50,000+ $30,000+$5,000-$25,000
= $560,000
