<span>Given that a
firm has return on assets (roa) of 15 percent, and debt-equity ratio of
60 percent.
Then, equity multiplier = 1 + Debt-equity ratio = 1 + 60/100 = 1 + 0.6 = 1.6
Return on equity (roe) is given by return on asset multiplied by the equity multiplier.
Therefore, the firm's return on equity is 1.6 x 0.15 = 0.24 = 24%.
</span>
Answer:
Details Dec. 31, 2021 Dec. 31, 2022
1. Projected benefit obligation $250 $645
2. Plan assets $260 $556
3. Pension expense $250 $369
4. Net pension asset or net pension liability $10* $89**
Where:
* implies asset
*** implies liability
Note: The figure above are in thousands buy entered as required in the question (Enter your answers in thousands (i.e., 200,000 should be entered as 200).)
Explanation:
Note: See the attached excel file for the calculations Projected benefit obligation, Plan assets, Pension expense, and Net pension asset or net pension liability for December 31, 2021 and December 31, 2022 respectively.
"e-NABLE" is a grass-roots open source sharing community that uses 3D printers to create free printed prosthetic limbs.
Explanation:
We have to note an important point here is that, Smith has plan to sell fraudulent identification card through Jones and he has done only Oral agreement.
An oral agreement does not have a proof. Any oral agreement cannot be taken as a proof legally. There must be a proper written agreement required to prove the relationship. There are certain standard too in written agreement.
For Example, agreement written on a normal white paper cannot be accepted. The agreement should be legally signed according the bond paper provided and authorized by the Government.
Considering all the above discussion, Jones stands right.
