Answer:
Current year’s increase in the PBO that is associated to service is $14,752
Explanation:
Projected Benefit Obligation is the present value of retirement benefit that an employee gets.
PBO value at the end of the year = $309,796
PBO value at the beginning of the year = $278,343
Addition in PBO during the year = $309,796 - $278,343 = $31,453
Interest cost = $278,343*6% = $16,701
Addition associated with service = $31,453 - $16,701 = $14,752
Answer: $58600
Explanation:
The net income that would have been if the allowance method had been used, and the company estimated that 2.5% of sales would be uncollectible will be calculated thus:
= Reported net income + Uncollectible - (Sales × % Uncollectible)
= $63800 + $9300 - ($580000 × 2.5%)
= $63800 + $9300 - $14500
= $58600
Answer:
Explanation:
a. Underwriter fees per share:
= Selling price of share * Underwriting cost
= 100 * 2.10%
= $2.10
b. Amount received per share:
= Selling price per share - underwriting fees per share
= 100 - 2.10
= $97.90
Joint intelligence planning supports joint operation planning and may result in the production of three products they are:
⇒Dynamic Threat Assessment
⇒Annex B: Intelligence
⇒National intelligence support plan
Joint operations are military actions carried out by joint forces and those Service forces employed in special command relationships with one another. Joint operations by themselves do not generate joint forces.
A joint force is a collection of assigned or attached components from important military departments that cooperate under a single joint force commander (JFC).
The Department of Defense (DOD) primarily employs two or more Services (from at least two Military Departments) in a single mission through joint operations.
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Answer:
d. $74,749.60 ( depreciation allowance @ 8.92% )
Explanation:
Under Modified Accelerated Cost Recovery System the Office furniture and fixtures, agricultural machinery and equipment, any other property not associated with another class is classified as 7-years property.
These assets are depreciated as follows:
Year Percentage Depreciate
1 14.29%
2 24.49%
3 17.49%
4 12.49%
5 8.93%
6 8.92%
7 8.93%
8 4.46%
In the Sixth year depreciation will be charged by 8.92%.
Asset Value = $838,000
Depreciation Allowance in 6th year = $838,000 x 8.92%
Depreciation Allowance in 6th year = $74749.60
*Option for the given Mcqs are missing and written as follows:
Select one:
a. $80,411.60
b. $74,833.40
c. $89,108.00
d. $74,749.60
e. $89,327.08