1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valina [46]
3 years ago
13

Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2018 (the end of Beale's fiscal year), the

following pension-related data were available: Projected Benefit Obligation ($ in millions) Balance, January 1, 2018 $ 460 Service cost 48 Interest cost, discount rate, 5% 23 Gain due to changes in actuarial assumptions in 2018 (14 ) Pension benefits paid (23 ) Balance, December 31, 2018 $ 494
Business
1 answer:
uysha [10]3 years ago
8 0

Answer: The projected benefit obligation is $494 millions

Explanation:

Using the formula

Closing PBO = Opening PBO + S + I -B ± A

Where PBO = Projected Benefit Obiligation, S = service cost, I = interest cost, B = Pension benefit paid, A = Gain due to changes in actuarial assumptions

Interest cost = 5% of 460

= (5÷ 100) = 0.05 × 460

= 23

Closing PBO = 460 + 48 + 23 - 23 - 14

= $494

There is an increase in the Projected benefit obligation to $494 million

You might be interested in
A 4-year project has an annual operating cash flow of $42,000. At the beginning of the project, $6,000 in net working capital wa
OLEGan [10]

Answer:

Total cash flow $54,613

Explanation:

The computation of the year 4 cash flow is given below:

Selling price of equipment $6,920

Book value at year 4 end $5,460

Capital gain $1,460

Tax on capital gain at 21% $306.6

So,  net cash flow from the sale of equipment  

= $6,920 - $307

= $6,613

Now year 4 cash flow is  

Annual operating cash flow $42,000

Release of working capital  $6,000

Net cash flow form sale of equipment $6,613  

Total cash flow $54,613

3 0
3 years ago
The span of control for a manager: a. should never exceed 7 subordinates. b. varies somewhat from manager to manager, but most m
Alisiya [41]

Answer:

c. depends on a number of factors, and can vary from one manager, location and type of employees.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of supervising and ensuring his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.

In Business management or human resource management, span of control can be defined as the number of subordinates or junior level staffs who are directly controlled by a superior (manager).

Basically, the span of control for a manager depends on a number of factors, and can vary from one manager, location and type of employees.

<em>This ultimately implies that, span of control is directly proportional to the organizational structure and any other factor around them.</em>

3 0
3 years ago
Which government policy will create the following results?
Scrat [10]

Answer:

Any type of government policy that restricts free trade and the movement of capital can trigger the aforementioned consequences. Thus, the limitation of companies to obtain economic benefits can make them decide to close their activities, leaving employees on the street (increasing unemployment), reducing the country's economic production (causing the country's real GDP to decrease), and ultimately, generating monetary lags due to lack of economic production, generating devaluations that lower the international price level of the country's products.

7 0
3 years ago
Which of the following are all strategies for improving productivity in​ services? A. high​ interaction, mass​ customization, se
MissTica

Answer:

E. ​separation, self-service,​ automation, and scheduling.

Explanation:

Increase in productivity in a business aims to increase the efficiency of an individual or process involved in production of useful output.

Strategies for improving productivity includes separation, self-service,​ automation, and scheduling.

When there is seperation in services available to a customer, they easily identify the most relevant one to them.

Self service gives control of the process to the customer, resulting in greater satisfaction.

Automation reduces the turnaround time of processes and refocuses labour to more complex activities. So production efficiency increases.

Scheduling reduces time wastage by assigning time to complete activities.

4 0
3 years ago
A registered representative says in a conversation with a prospect that a certain mutual fund "has no initial sales load." The f
slava [35]

Answer:

C. The RR must explain the contingent deferred sales load to the prospect

Explanation:

7 0
3 years ago
Other questions:
  • Long Island Manufacturing Company developed the following information for its service​ departments, S1 and​ S2, and its producti
    8·1 answer
  • This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t
    13·1 answer
  • Low-balling is a sales technique where the salesperson quotes a low price for a car to get you to make an offer, and negotiates
    15·1 answer
  • You are interested in hiring an ergonomics consultant to evaluate your employees' desks and chairs. You research four consultant
    8·1 answer
  • A client who believes that current economic events will make market conditions more stable over the upcoming 30 days could profi
    14·1 answer
  • When a firm has flotation costs equal to 6.8 percent of the funding need, project analysts should:?
    15·1 answer
  • 1. Employees at a call centre have earned a bonus of 0.25% of their salary. The bonus that an
    10·1 answer
  • Deflation is a period where supply for most products is less than demand.
    13·2 answers
  • Organizations can lock in suppliers by making it difficult to switch to another organization or by ________.
    13·1 answer
  • While a loan must be repaid, factoring is the selling of _____ to a finance company who then assumes responsibility for collecti
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!