Answer:
$102,080
Explanation:
Given that,
Service cost = $90,500
Interest rate = 9 %
Expected return on plan assets = $62,800
Prior service cost amortization = $10,300
Projected benefit obligation at January 1, 2017 = $712,900
Pension expense for the year 2017:
= Service cost + Interest cost - Expected return on plan assets + Prior service cost amortization
= $90,500 + ($712,900 × 9%) - $62,800 + $10,300
= $90,500 + $64,080 - $62,800 + $10,300
= $102,080
Savings accounts . . .
interest rates are most determined by the state of
the national economy.
Mutual funds . . .
Treasury bills . . .
traded on nationwide exchanges; prices and returns
are pretty uniform nationwide.
Real estate . . .
rests directly on local conditions in each city, and sometimes even in
different parts of the same city;
affected by things like local unemployment, local bad weather,
local price of gas, local tourism, local special events, etc.
Answer:
d. $7,032
Explanation:
The computation of the interest expense is shown below:
= Sale value of the bond × market interest rate ÷ 0.5
= $117,205 × 12% ÷ 0.5
= $117,205 × 6%
= $7,032
Simply we multiply the sale value of the bond with the market interest rate so that the accurate amount of the interest expense can come.
We divide it by 0.5 because as the number of months is 6 months and total months is 12. The six month is calculated from the January 1 to July 1
A. online job sites
because most company handbooks have performance reviews, medical ad family leave and standards of conduct.
Answer:
Holder in due course
Explanation:
A holder in due course arise when someone accepted the negotiable instrument for exchange in the value without any kind of reason. In this, there is a right for claim the value of an instrument that oppose to the orginator and the intermediate holders
So as per the given situation, Lary is holder in due case as he is holding the check in the good faith also he is not aware of the last theft
