Pension expense of Harvey Hotels in its income statement for the year= <u>$9.7 million
</u>.
<u>Explanation</u>:
Service cost= $7.3 million
Interest cost= $2.5 million
Amortization of prior service cost= $2.2 million
Expected return on plan assets= $2.3 million
Pension expense=?
Pension expense is decreased by amortization of net gain.
Pension expense= (Service cost+ Interest cost- Expected return on plan assets+ Amortization of prior service cost
= (7.3+2.5+2.2)-2.3
= 9.7 million
Pension expense of Harvey Hotels in its income statement for the year= $9.7 million
True Hope This Has Helped
Answer:
quantity always falls
Explanation:
In the case when the supply and the demand shifted to the left so the equilibrium would price would not be determined also the equilibrium quantity would decline or fall
So according to the given situation, the third option is correct as it shows the quantity fall situation i.e. considered and relevant too
Answer:
a. The production possibility curve(PPC) moves up and to the right because of increase in human skills resulting in enhanced production and output.
b. Due to bumper crop PPC moves up and to the right.
c. Due ton increased workers entering into the country PPC moves up and to the right ( increased output)
d. The workers are already unemployed hence it does not shifts PPC
e. Due to efficiency to convert salt water into fresh water output increases. PPC moves up and to the right.
f. Decreased productive capacity results in PPC shifting down and to the left.
Hi there
stock x
3.8×1.054=4.01
2,000×4.01=8,020
stock Y
3.5×1.054=3.69
3.69×1,000=3,690
stock z
4.3×1.054=4.53
4.53×3,000=13,590
the value of the index at the end of the day
13,590+8,020+3,690
=25,300....answer
Hope it helps
