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juin [17]
4 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]4 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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If Kelly deposits $10,000 into an account that pays 8 percent interest, compounded annually, and she makes no further deposits o
avanturin [10]

Answer:

C) $14,693

Explanation:

Compound interest considers the return on investment (or interest) to be reinvested and provides return as well. Future value of principal value considering compound interest can be determined by below formula:

FV = P(1+\frac{r}{n})^{nt}

where

FV = ? is the future value

P = \$10000 is the principal amount invested

r = 8\% is the rate of interest

n= 1 is the number of times interest is compounded within one time period

t = 5 years is the number of time periods

FV = P(1+\frac{r}{n})^{nt}

FV = 10000*(1+\frac{0.08}{1})^{1*5}

FV = \$14693

7 0
4 years ago
Uptown Men's Wear has accounts payable of $2,214, inventory of $7,950, cash of $1,263, fixed assets of $8,400, accounts receivab
Jlenok [28]

Answer:

The value of the net working capital to total assets ratio is 0.5067≅0.51

Explanation:

Given Data:

Accounts payable =$2,214

Inventory= $7,950

Cash=$1,263

Fixed Asset=$8,400

Accounts receivable=$3,907

Long-term debt=$4,200

Required:

The value of the net working capital to total assets ratio=?

Solution:

Net working Capital=Inventory+Cash+Accounts receivable-Accounts payable

Net working Capital= $7,950+$1,263+$3,907-$2,214

Net working Capital= $10,906.

Total assets=Inventory+Cash+Accounts receivable+ Fixed assets

Total assets= $7,950+$1,263+$3,907+$8,400

Total assets=$21,520

Ratio=\frac{Net\ working\ Capital}{Total\ assets}

Ratio=\frac{\$10,906}{\$21,520} \\Ratio=0.5067

The value of the net working capital to total assets ratio is 0.5067≅0.51.

6 0
3 years ago
Amanda Jones is a tax practitioner who is representing Sean and Diane Smith before the Wage and Investment Division of the Inter
algol13

Answer:B. Amanda must advise Sean and Dianne promptly of the inaccuracy and the consequences provided by Internal Revenue Code and Regulations.

Explanation:

Sean and Dianne have probably engaged Amanda at the end of the tax year and they are to face implications of the transactions as it relates to tax matters, Amanda is to provide them with legislation in relation to the matter to educate them in future tax transactions.

8 0
3 years ago
increases in government spending are not very effective in offsetting real shocks because they shift the:
yulyashka [42]

Increases in government spending are not very effective in offsetting real shocks because they shift the aggregate demand.

<h2>Definition of Aggregate Demand</h2>

Aggregate demand is the value of all requests for all types of goods and services produced in a certain period. The demand value contained in this aggregate will be expressed in terms of the overall value used for these goods and services up to a more specific price level and at a certain time period.

Some things that include aggregate demand are all consumer goods, capital goods used for the production process, import-export activities, and state government spending programs. Each of these variables will be considered the same as long as they are traded at the same market value.

This aggregate demand can also be calculated over a long period of time, which is often referred to as GDP or Gross Domestic demand. If this GDP will describe the total value and also the goods produced, then aggregate demand will represent the desire for goods and services.

Learn more about aggregate demand at brainly.com/question/29349235.

#SPJ4

5 0
1 year ago
Which term can be defined as the net income that a firm reinvests in itself?
KengaRu [80]

Answer:

retention ratio

Explanation:

Retention ration is the portion of net income retained by a firm to grow its business rather than being declared and paid as dividened.

When a company makes profit at the end of financial period, the company can either retain part of its earning for business expansion, declare part as dividends paid to shareholder or combine both.

Where a firm now reinvest the portion of the profit earned in itself, it is called retention ratio.

6 0
3 years ago
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