The service cost component of pension expense for 2015 is $890,000 and the amortization of prior service cost due to an increase
in benefits is $180,000. The settlement rate is 10% and the expected rate of return is 8%. What is the amount of pension expense for 2015?
1 answer:
Answer:
amount of pension expense = $1,730,000
Explanation:
given data
pension expense = $890,000
benefits = $180,000
settlement rate = 10%
expected rate of return = 8%
to find out
amount of pension expense
solution
we get here amount of pension expense that is express as
amount of pension expense = pension expense + benefits + 10% of projected benefit + 8% of pension assets ................1
from attach file we get these
put here value we get
amount of pension expense = $890,000 + $180,000 + 10% of $11,400,000 + 8% of $6,000,000
amount of pension expense = $1,730,000
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Answer:
D. Interpretation: The zeros are where the daily profit is $0.00
zeros: x = 3.586 and x = 6.414
Explanation:
We have been given the following daily profit function;
where y is the profit (in hundreds of dollars) of a taco food truck
and x the price of a taco (in dollars)
The zeros of this profit function can be obtained by solving for x in the following equation;
These will simply be the x-intercepts of the profit function. That is the points where the profit function crosses or intersects the x-axis.
Therefore, an interpretation of the zeros of this function would be;
The zeros are where the daily profit is $0.00
These zeros can be evaluated graphically. We first obtain the graph of the profit function as shown in the attachment below;
We then determine the x values where the graph crosses the x-axis. These values will represent the zeros of our profit function. From the graph, these points are;
x = 3.586 and x = 6.414
