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mario62 [17]
3 years ago
5

Seigel Co. maintains a defined-benefit pension plan for its employees. At each balance sheet date, Seigel should report a pensio

n asset / liability equal to the (CPA Adapted):a.difference between the projected benefit obligation and the accumulated benefit obligationb. projected benefit obligation.
c. funded status relative to the projected benefit obligation.
d.funded status relative to the accumulated benefit obligation.
e accumulated benefit obligation.
Business
2 answers:
Semmy [17]3 years ago
8 0

Answer:

C) funded status relative to the projected benefit obligation.

Explanation:

The reported liability for a pension asset/liability account is the unfunded projected benefit obligation. It is calculated by subtracting the fair value of the plan assets from the projected benefit obligation (PBO).

In this case, the funded status represents the fair value of the plan assets while the PBO represents the total amount of benefits that the pension plan should provide.

A pension liability account is required when the PBO is more than the fair value of the plan assets. If the fair value of the plan assets is higher than PBO, then a pension asset account is required.

chubhunter [2.5K]3 years ago
7 0

Answer:

d.funded status relative to the accumulated benefit obligation.

Explanation:

Employees should be informed funded status relative to the accumulated benefit.

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Answer:

Explanation:

Provided that the demand is inelastic, there would be an increment in revenue.

Total revenue is calculated as the quantity of a good sold multiplied by its price.

There is a close interrelation between price elasticity of demand and total revenue, in the sense that they deal with the same two variables - which are price and quantity.

If the product has an elastic demand, revenue can be increased by decreasing the price of the good. Q will increase at a greater rate, while  P will decrease,  thereby, increasing the total revenue.

If the product has an inelastic demand, then the prices of goods can be increased and sold slightly less of that item but a higher revenue must be obtained.

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3 years ago
With relevant examples discuss intangible business property that is protected by law and which an entrepreneur should consider w
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Answer:

Explanation:

Intangible property are useful resources, they are asset that are not physical but they produce much economic benefits to organization , entrepreneur.some of this asset are Goodwill, brand recognition, as well as intellectual property.

Some of these intangible asset are intellectual property and are protected by law from stealing away by those that are not authorized to it.

Examples of intangible business property that is protected by law are:

✓patent

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✓ franchises

✓trade mark

✓Goodwill

✓tradenames

✓ trade secret

1)Patent is one of the intangible asset granted by government and protected to an inventor who is entrepreneur that exclude others from selling as well as using the invention for particular period of time. If an entrepreneur comes up with an invention it will be protected for him/ her. it can be categorized as utility, design, and plant. Example of invention that falls under utility is microwave oven. Other invention are light bulb, printing press.

2) copyright is another intangible property, in which the original works of authorship of an entrepreneur is protected, dramatic, musical work as well as computer software, and architecture of an entrepreneur is protected, this will help the entrepreneur to enjoy the benefits of his/her labor and to grow fast in term of finance.

3)trademark is another intangible property that is protected by law which includes design, expresion, sign that identifies the product of a company from another, when an entrepreneur is starting a business , trademark is important because his/her product will be easier to identify by consumer and this helps business to grow faster. Example is the logo that Apple( apple shape with a bite) uses as trademark on all their products, swoosh logo that Nike uses on their products

4)trade secrets is an intangible property as well as intellectual property that is been protected by law it contains processes, design, information with inherent economic values that are not generally known by everyone, this is important to enterprenurer because trade secret helps the individual with the secret to sustain his/her business without been hijacked. Example of trade secret is the

secret formula for Coca-Cola which other soft drinks producer doesn't know.

5 0
2 years ago
10% of the facility and increase the overall costs of maintaining the space by 11%. If the incremental method were used, what am
xz_007 [3.2K]

Answer:

the  cost that allocated to the start up business is $61,600

Explanation:

The computation of the amount of the cost that allocated to the start up business is given below:

= Manufacturing facility costing × maintaining the overall cost percentage

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= $61,600

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We simply applied the above formula so that the amount could come

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Work well with others
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pantera1 [17]

Answer:

The correct answer is C) purchase Canadian dollar put options.

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The purchase of put options is used as hedging, when price falls are anticipated in shares that are held, since by means of the purchase of Put the price is established from which money is earned. If the stock falls below that price, the investor earns money. If the share price falls, the profits obtained with the sale option compensate in whole or in part for the loss experienced by said fall.

Losses are limited to the premium (price paid for the purchase of the sale option). Earnings increase as the share price falls in the market.

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