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
AysviL [449]
4 years ago
13

Splish Company provides the following information about its defined benefit pension plan for the year 2017. Service cost $110,00

0 Contribution to the plan 104,000 Prior service cost amortization 10,000 Actual and expected return on plan assets 30,000 Benefits paid 37,000 Plan assets at January 1, 2017 624,000 Projected benefit obligation at January 1, 2017 728,000 Accumulated OCI (PSC) at January 1, 2017 165,000 Interest/discount (settlement) rate 5% Compute the pension expense for the year 2017. Pension Expense for 2017 should be:
Business
1 answer:
kipiarov [429]4 years ago
3 0

Answer: $155,520

Explanation:

Pension Expense = Service Cost - Expected return on plan assets + Prior service cost amortization + Interest cost

Interest Cost

= Interest rate * Projected benefit obligation

= 0.09 * 728,000

= $65,520

Pension Expense = 110,000 - 30,000 + 10,000 + 65,520

= $155,520

You might be interested in
Authority to conduct open market operations, which consists of buying and selling of , rests with the Committee. Reserves equal
katovenus [111]

Answer:

If the Fed conducts an open market purchase by specifically buying government securities from the Bank, banks' reserves increase and the quantity of money increases.

Explanation:

The Federal Reserve (Fed) buys and sells government securities to control the money supply. This activity is called open market operations (OPO). By buying and selling government securities in the free market, the Fed can expand or contract the amount of money in the banking system and pursue its monetary policy.

To increase the money supply, the Fed will purchase bonds from banks to inject money into the banking system.

The Federal Reserve's latest effort to calm the financial system — pumping $100 billion a day into trillion-dollar funding markets — is intended to be a temporary role, born of necessity. But it may turn out to be a significant expansion of the Fed's footprint.

3 0
4 years ago
which section organizes, assigns, and supervises tactical response resources? a. logistics b. planning c. operations d. finance/
Ilia_Sergeevich [38]

Answer:

C (operations)

Explanation:

Operations Section Chief organizes, assigns, and supervises all the tactical or response resources assigned to the incident.

5 0
1 year ago
Max chose to operate his production studio as a sole proprietorship even though his attorney cautioned that he was:____________
sergij07 [2.7K]

Answer:

<u>c. exposing himself to unlimited personal liability.</u>

Explanation:

One major characteristic of sole proprietorship being the individual is sole recipient of profits and sole bearer of all risks and liabilities.

A sole proprietor bears unlimited liability in the sense that, in case of bankruptcy, the proprietor's personal assets can be taken away to repay debts owed by him.

Though a proprietor also remains the sole recipient of all gains, similarly the proprietor is also exposed to unlimited risk.

Thus, the correct option is, c. exposing himself to unlimited personal liability   .

8 0
3 years ago
Examine this supply and demand graph for a product. What does the red dot
pantera1 [17]

The product’s equilibrium price

Just simply because the price and quantity is the same

7 0
3 years ago
Which of the following is included in a standard MLA-style bibliographic entry for an interview conducted by a researcher?
Oksana_A [137]
All of the answers are correct, for the bibliographic entry you need their name, date, and the type of interview conducted. 
5 0
3 years ago
Read 2 more answers
Other questions:
  • Which music-related businesses serve as a brand for promoting music (such as albums)? music publishers recording studios music v
    14·2 answers
  • What is the correct answer...A, B, or C?
    8·1 answer
  • Peg's Manicure Manor did 4,000 sets of nails in 2015 and 4,500 sets of nails in 2016. The price of a set of nails was $20 in 201
    15·2 answers
  • Why is the demand for professional labor generally high relative to the supply compared to the demand for unskilled or semi skil
    7·2 answers
  • Fern Corporation manufacturers a single product that has a selling price of $25.00 per unit. Fixed expenses total $50,000 per ye
    8·1 answer
  • Which font attribute would be most appropriate to make a papers heading stand out?
    11·1 answer
  • The free enterprise system is a type of economy that:
    11·1 answer
  • In the market for gadgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical dow
    8·1 answer
  • a pilot applies for life insurance. the insurer approves the application with a $10 additional monthly premium modification due
    5·1 answer
  • Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!