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juin [17]
3 years ago
13

Information regarding the defined benefit pension plan included the following for 2018 ($ in millions): Plan assets, January 1 $

70 Plan assets, December 31 105 Retiree benefits paid (end of year) 17 Employer contributions to the pension plan (end of year) 42 What was the actual return on plan assets for 2018?
Business
1 answer:
denis-greek [22]3 years ago
8 0

Answer:

$10 million

Explanation:

We know that

Actual return can be found at using the formula:

Beginning balance ($70) + actual return (?) + contributions ($42) - retiree benefits paid ($17) = ending balance ($105) [in millions]

from the above formula  after putting values can get the value of actual return as $10 million.

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Answer:

the asnwer is A

Explanation:

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You paid $35 for a ticket (which is non-refundable) to see SPAM, a local rock band, in concert on Saturday. Assume that $35 is t
Blababa [14]

Answer:

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Explanation:

The opportunity cost of going to work on saturday is as follows:

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2 years ago
Which is the primary reason to issue stock?A.To help investors earn higherrate of return B. To rise money to grow the company C.
tatyana61 [14]
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Read 2 more answers
Juanita makes $42 an hour at work. She has to take time off work to purchase her skirt, so each hour away from work costs her $4
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Answer:

It will purchase at the local store at an economic cost of $123

Explanation:

Answer:

It will puchase the skirt across town as it has the less economic cost.

Explanation:

We are going to add up the opportunity cost (lost wages) to the cost of the skirt:

place          travel-time Price Cost to travel Economic Cost

local store       30  $ 102.00   $ 21.00   <u> $ 123.00 </u>

across town       60  $ 85.00   $ 42.00   $  127.00

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*travel-time we multiple the time it took each eway by 2

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That's because the wages are express in hours and the travel time in minutes so we convert into hours

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<em>Juanita, as a rational consumer will chose to purchase at the lower cost.</em>

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