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3 years ago

Kraft, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2018:

Business

1 answer:

brilliants [131]3 years ago

6 0

Answer:

c) $465,000

Explanation:

The amount of pension expense reported for 2018 can be calculated using only the relevant data in the question as follows:

Pension expenses = Service cost + (Beginning of year Projected benefit obligation × 10%) - (Beginning of year fair value of plan assets × 10%)

Therefore, we have:

Pension expenses = $ 345,000 + ($3,600,000 × 10%) - ($2,400,000 × 10%) = $465,000

Therefore, the amount of pension expense reported for 2018 is $465,000.

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The following information is provided for a company. Accounts payable $ 15,000 Buildings 80,000 Cash 10,500 Accounts receivable

stealth61 [152]

Answer:

$60,000

Explanation:

Given that,

Accounts payable = $15,000

Buildings = 80,000

Cash = 10,500

Accounts receivable = 9,500

Salaries payable = 4,500

Retained earnings = 47,500

Supplies = 40,000

Notes payable (due in 18 months) = 35,000

Interest payable = 3,000

Common stock = 35,000

Amount of current assets:

= Cash + Accounts receivable + Supplies

= $10,500 + $9,500 + $40,000

= $60,000

Therefore, the amount of current assets is $60,000.

8 0

3 years ago

To pursue a career in business information management, you need a degree or certification in_____information system,or an

Deffense [45]

Answer:management

Explanation:

6 0

3 years ago

Paris operates a talent agency as a sole proprietorship, and this year she incurred the following expenses in operating her tale

Afina-wow [57]

Answer:

correct option is A. $450

Explanation:

we know that half the cost of the business meeting or the business meeting lunch or the dinner that is deductible even

and if the meal are associate with the active businessman or the sole proprietor then half the amount that is here $900 tickets to the opera with client for meeting is deducted

so that is deducted = $\frac{900}{2}$

deducted amount = $450

so correct option is A. $450

5 0

2 years ago

The average cost of a single sales call to a potential b2b buyer in the u.s. is expensive and could cost about:

Colt1911 [192]

<span>A single sales call to a potential B2B buyer in the United States could cost about $400. A B2B sales call is a business to business sales call. The closing of a sale can be hit or miss, but it is said that any contact with the buyer can be helpful later.</span>

5 0

3 years ago

You are 30 years old today and are considering studying for an MBA. You just received your annual salary of $50,000 and expect i

Liono4ka [1.6K]

Answer:

Yes, you should take the MBA because the NPV of taking the MBA is positive.

Explanation:

the total economic costs of taking the MBA program include the lost wages + the costs of taking the MBA and any interest you could have earned by investing it on something else = ($50,000 x 1.03) + ($50,000 x 1.03²) + (2 x $30,000 x 1.08) = $51,500 + $53,045 + $64,800 = $169,345

the present value of your total economic costs:

$51,500/1.08 + $53,045/1.08² + $32,400/1.08 + $32,400/1.08² = $47,685.19 + $45,477.54 + $30,000 + $27,777.78 = $150,940.51

if you continued to work, your salary at year 3 would be $54,636.35 and it would continue to increase by 3% every year. The salary that you can earn with an MBA is $80,000 and it will grow by 4% per year. I used an excel spreadsheet to calculate future salaries and the differential amount between them. Then I calculated the PV at the beginning of year 3 of the differential income.

The PV of the differential income today = $560,281.31 /1.08³ = $444,769.38

the NPV of taking an MBA = $444,769.38 - $150,940.51 = $293,828.87

6 0

3 years ago