Answer:
The change in operating income for GM is that the operating income will increase by the amount of other pension costs less expected returns.
However, this change will not affect the net income, as all the items will still be accounted for, accordingly.
Explanation:
GM's pension service cost is the present value of the amount that the GM is required by law to set aside annually to meet its employees' pension-benefits obligations. The reason for the separation is that the service cost is a compensation cost, whereas other pension costs are financial costs and not compensation costs. By this separation, the operating income of GM will increase.
Answer:
a. $56
b. $95
Explanation:
The computation is shown below:
a, The total monthly activity-based cost for Corner Cleaners Inc is
= $3.50 × 12 + $0.12 × 100 + $0.10 × 20
= $42 + $12 + $2
= $56
b the total activity-based cost for Campbell’s visit i
= $8 × 1 + $25 × 3 + $4 × $3
= $8 + $75 + $12
= $95
Hence, the same should be considered and relevant
Answer:
December 31, 2020
- Dr Bad Debt expense 18,690
- Cr Allowance For Doubtful Accounts account 18,690
Explanation:
First we need to determine the total amount of uncollectible accounts receivable = $385,600 x 6% = $23,100
Then we must subtract the amount already recorded in allowance for doubtful accounts from our total uncollectible accounts = $23,100 - $4,410 = $18,690
We have to debit the difference and credit the contra asset account:
Dr Bad Debt expense 18,690
Cr Allowance For Doubtful Accounts account 18,690
Answer:
Observation
Explanation:
An observational study can be defined as a type of study in which a researcher observes and measures the effect of a diagnostic test, risk factors, or treatments on individuals without intervening, changing or manipulating who are or aren't exposed to it (controlled conditions).
Basically, observation is a research method that involves examining a given population in order to gather certain informations about them. Thus, it is typically aimed at observing the activities that are being performed by a population of interest.
The form of primary data collection that is being used by the company is observation because it is setting up video cameras in a mock-convenience store to watch the study participants during the purchasing process
Answer:
C. The business could not use the money it spends on the new
branch for something else.
