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nirvana33 [79]
3 years ago
5

Claude C. Hopkins believed that advertising moved from being a _____to a science.

Business
1 answer:
ANTONII [103]3 years ago
7 0

I think pig in a poke ;)

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At January 1, 2020, Windsor Company had plan assets of $303,000 and a projected benefit obligation of the same amount. During 20
Arte-miy333 [17]

Answer:

The answer is well illustrated as below

Explanation:

Remember: Five factors affects the Pension Liability and Plan assets.

1 & 2. Expenses which includes service cost and interest cost

The increase in expense always increases the pension liability so the entry would be:

Dr Service cost  $27,100

Dr Interest Cost $30,300 ...... $303,000 Opening Pension Liability * 10%

Cr Pension Liability        $57,400

3. Actual return increases the Plan Asset

The Actual return on investment received would increase the Assets worth, which means the journal entry must be passed which would increase the Investment Value (Plan Asset). So the entry would be:

Dr Plan Asset $25,700

Cr Actual return $25,700

4. Contributions made increases the Plan Asset because it is an increase in the investment.

So the journal entry would be:

Dr Plan Asset $20,000

Cr Cash Asset        $20,000

5. The benefits paid to employees are decrease in both pension asset and the pension liability. (We had actually borrowed money from the employees and had invested that money so paying off the benefits actually decreases the pension liability and assets).

So the double entry would be:

Dr Pension Liability $17,700

Cr            Pension Assets $17,700

Kindly input the above values in the following worksheet:

4 0
3 years ago
In the united states, 54% of all garbage is categorized as ___________ waste.
kogti [31]

Answer:

agricultural and industrial

6 0
2 years ago
When delivering a 60-second commercial in an interview, you should NOT: a. Keep the commercial concise b. Play a recorded versio
wlad13 [49]
I would say the answer would be B
7 0
3 years ago
Read 2 more answers
Which education level has the highest return on investment (ROI)
ioda
The answer is a bachelor's degree.
4 0
3 years ago
Under its executive stock option plan, National Corporation granted 12 million options on January 1, 2018, that permit executive
Stella [2.4K]

Answer:

Total Compensation is $60 million

On December 31, 2018, 2019 and 2020

Dr. Compensation Expense               $20 million

Cr. Paid-in Capital – stock options    $20  million

April 3, 2021

Dr. Paid-in Capital – stock options    $20  million

Cr. Common Stock (12 million x $1)   $12 million

Cr. Paid-in Capital – stock options    $8  million

Explanation:

Stock option is a type compensation which is given to the employees and executives of the company. It requires some some obligation to be performed by the employee to exercise.

Fair value at grant date = $5

Number of option granted = 12 million

Total Compensation = Fair value at grant date x Number of option granted = $5 x 12 million = $60 million

This compensation will be expensed over vesting period of 3 years.

Expense each year = $60 million / 3 = $20 million per year.

No Entry is required on grant date. Fair market value of the option is calculated on this date.

On December 31, 2018, 2019 and 2020 The expense will be recorded.

5 0
3 years ago
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