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umka2103 [35]
3 years ago
10

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?

Business
1 answer:
erica [24]3 years ago
4 0

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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The correct answer is option d.

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If the government provides subsidies to home construction company it will reduce their cost of producing homes. So at the earlier cost, they will be able to provide more homes. This will cause the supply of homes to increase. This will cause a rightward shift in the supply curve.

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What is a teaming agreement? An agreement that will force both the vendor and customer to work together An agreement designed to
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Such agreements are considered totally legal so the companies do not need to keep it in any secrecy.

Hence from the above we can conclude that statement 4 is correct.

6 0
3 years ago
During 2017, Windsor Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2016 and 2015 (Windsor’s
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Answer:

Description                              2017              2016            2015

Net Income                             $146,402‬    $107,281‬       $123,114‬

Explanation:

The question is to compute a statement of income comparative figures. The step is therefore to use the weighted average pricing method to replace the historical income before taxes for both years 2016 and 2015. After this is done, we then re-calculate the appropriate taxes and arrive at the net income.

Description                              2017              2016            2015

Income before taxes             206,200         151,100        173,400

Subtract: Income tax @29%   59,798‬           43,819‬           50,286‬

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5 0
3 years ago
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valina [46]

Answer:

Liquidity: amount of cash or cash equivalents and its primary feature of converting quickly into money without losing any of it current value.

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2)_ Saving account

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Explanation:

To begin with, the liquidity is the feature of those assets to converting the most quickly as possible in cash and therefore the the most liquid asset is properly the dollar bill and the less liquid asset is the house due to the fact that it could take years to sell by a proper offer and becoming actual cash. In conclusion, it works that way with all the other assets, the liquidity of each one is higher or lower depending on the quickness of converting into cash.

3 0
2 years ago
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