Answer:
Pension Expense = EBE = $593440 for income statement
Explanation:
The opening balance of the Plan asset is made by the 40000 from 2018 plus interest of 32000 and the new 400000 made this year. Why include it? Because an opening balance are the funds in an account at the beginning of the year either from last year or are from current year but should be the first entry in the books of the current year.
DBO plan asset EBE
opening balance (600000) 832000 -
interest ( 60000) 66560 6560
current year's service cost (600000) (600000)
( 1260000 ) 898560 <u> 593440</u>
balance sheet liability = 361440
Answer:
Short-selling long-term bonds and taking long position on short-term assets
Explanation:
When the yield curve ascends, the long-term bond's price will go down. Hence, do short-sell the long-term bonds. On the other hand, short-term asset's price will be depreciated because Fed tightens credit and raise short-term rate, which is the chance to purchase and make profits from capital gains.
Answer:
No of hours worked = 44 hours
Pay per hour = $9.80
Pay for overtime = 9.80/2 = $4.60
Overtime hours = 4
Total Pay = (40 × 9.8) + (4 × 4.6)
= 392 + 18.4 = $ 410.4
Gross pay = $392
The family should be less likely to eat out on Tuesday as compared to the general population.
Given that,
- Out of 200 people, 15 people should eat out on Tuesday.
- Now only look 60 families out of this 10 should be preferred to eat out on Tuesday.
Based on the given information, we can conclude that the family should be less likely to eat out on Tuesday as compared to the general population.
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