The amount of the PBO at December 31, 2021, was $333800
<u>Explanation:</u>
The amount of PBO at december 31st is calculated as follows:
PBO on jan 1, 2021 = $268000
add: Service cost = $86000
add: interest = $26800
less: pension benefits that have been paid = $47000
now, we have to solve the above calculation
we get, PBO at dev 31 = $333800
Note: interest is calculated by multiplying the PBO amount on Jan 1,2021 with the rate of interest given.
Thus, $268000 multiply 10% = $26800
Answer:
Active monetary policy
d. is the strategic use of monetary policy to counteract macroeconomic expansions and contractions.
Explanation:
- The option a is not correct as when central banks purposefully choose to only stabilize money and prices levels through monetary policy, then this policy is called as passive monetary policy.
- The option b is not correct as it has effect on the economy but not in long run.
- The option c is not correct as when central banks take orders from the ruling party on how to conduct monetary policy then it is not an active monetary policy.
- The option e is not correct as when central bank use only fiscal policy to try to influence the economy can or can't be active monetary policy.
- The option d is correct as the active monetary policy is used to counter the changing economic conditions.
Answer:
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $2,700
To Allowance for doubtful debts $2,700
(Being bad debt expense is recorded)
The computation of the bad debt expense is shown below:
= (Accounts receivable × estimated percentage given ) - (credit balance of Allowance for Doubtful Accounts)
= ($420,000 × 1%) - ($1,500)
= $4,200- $1,500
= $2,700
Answer:
The answer is given below;
Explanation:
Days sales in inventory-2017= Average Inventory/Cost of goods sold*365
=(115,000+85,000)/2/(458,674)/365
=(100,000/458,674)*365
=80 days
Days sales inventory 2016= (85,000+56,000)/2/(385,686)*365
=(70,500/385,686)*365
=67 days
International competitors suddenly appear in greater numbers as a result of the mentioned changes in trade agreements, Megatech now needs to contend with more and new competitors.
<h3>
In terms of the marketplace there are three primary types of companies?</h3>
There are three main categories of businesses in the market
international businesses, multinational businesses, and transnational businesses.
International businesses only import and export; they do not have any investments abroad.
Although multinational corporations have offices or facilities in several different nations, each one operates independently, basically as a separate legal entity.
Organizationally, multinational corporations are far more complex. It is a commercial enterprise that runs big facilities, conducts business internationally, and does not identify with any particular nation as its national home. A multinational company's ability to maintain a higher level of responsiveness to the local market is one of its key advantages.
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