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
Mekhanik [1.2K]
3 years ago
12

A company's defined benefit pension plan had a pension benefit obligation (PBO) of $265,000 on 1/1/2018. During 2018, pension be

nefits paid were $40,000. The discount rate for the plan for this year was 10%. Service cost for 2018 was $80,000. Plan assets (fair value) increased during the year by $45,000. The amount of PBO at December 31, 2018 was what?
Business
1 answer:
muminat3 years ago
6 0

Answer:

The pension benefit obligation will be $331500

Explanation:

We have given PBO = $265000

Less pension benefits paid = $40000

Discount rate = 10% = 0.01

Service cost = $80000

Interest cost = $265000×0.01= $26500

We have to find the amount  of PBO

So the pension benefit obligation PBO will be  = $265000+$80000+$26500-$40000 = $331500

So the pension benefit obligation will be $331500

You might be interested in
Katie wants to order a new shirt online. What should she do once she gets to the store's website?
Mariulka [41]
The answer is D. Find the shirt and add it to the electronic shopping cart.
7 0
4 years ago
Suppose the marginal propensity to consume is 0.8 and the government cuts taxes by $40 billion. real gdp will _____ by _____.
Dmitriy789 [7]

If the government cuts taxes by $40 billion, this puts more money in consumers' pockets. Given an MPC of 0.8, this means they will spend $32 billion

Evaluating :

(0.8 × $40 = $32).

The correct answer is an increase of $32 billion.

GDP:

Gross domestic product (GDP) is a measure of the final goods and services produced with a specific region over a specified period of time. It is computed as follows:

GDP = Consumption + Government Spend + Investment + Net Exports

What is Marginal Propensity to Consume (MPC)?

Marginal propensity to consume (MPC) is measured as the portion of an increase in pay that a consumer would spend on goods and services as opposed to saving. Essentially, it is measuring how sensitive consumption in an economy is to increases in income. MPC is important in economics because it illustrates the effect that increased government spending has on the economy.

Learn more about Marginal propensity :

brainly.com/question/25821146

#SPJ4

8 0
2 years ago
Which type of financial aid is often based on merit, as opposed to financial need?
Vladimir79 [104]

Answer:

Scholarships

Explanation:

Merit-based aid goes to students based on their academic and/or extracurricular achievements rather than their financial need. Scholarships are the most common type of merit-based aid. Students may receive scholarships from nonprofit organizations, private businesses, and colleges and universities.

hope it helps you and give me a brainliest

7 0
2 years ago
Read 2 more answers
Explain the difference between direct and indirect strategy when writing reports​
nika2105 [10]

Answer:

A direct report is an employee who formally reports to you. This generally means that you are directly responsible for assigning them work and managing their performance. An indirect report are the employees who report to your direct reports and their subordinates.

plz give brainliest to help you with further questions :'D

3 0
4 years ago
Read 2 more answers
Megan and Susan are roommates. They spend most of their time studying (of course), but they leave some time for their favorite a
Leviafan [203]

Answer and Explanation:

The opportunity cost of megan for making pizza would be equivalent to the root amount as she make 1 pizza in 3 hours and in 5 hours she produced 1 boot beer so in one hour she produced 1 by 5th So for 3 hours it produced 3 by 5 so the opportunity cost would be 3 by 5 root beer gallon

Likewise for susan it produced 4 by 8 i..e 1 by 2 root beer gallons

By the above calculation the megan has the absolute advantage as megan takes lesser hours i.e. 3 hours while susan takes 4 hours

And, the susan has the comparative advantage as it contains the less opportunity cost i.e 1 by 2 as compared with megan i.e. 3 by 5

Also in the case of trade off susan would trade away as she has the comparative advantage

The highest price would be better off by 3 by 5 gallon

And, the lowest price is 1 by 2

8 0
3 years ago
Other questions:
  • A decrease in the supply of dollars on the foreign exchange market, all else equal, will result in:
    15·1 answer
  • Please answer quickly will be made brainliest
    6·2 answers
  • In the "social accounts", Net National Product ________ Indirect Business Tax (sales taxes) yields National Income (NI).
    9·1 answer
  • Economists use the word marginal to mean an extra or additional benefit or cost of a decision. An optimal decision occurs when
    8·1 answer
  • Miller Company sells several products. Sales reports show that the sales volume of its most popular product has increased the pa
    9·1 answer
  • ​an object's _____ are the tasks or functions that the object performs when it receives a command to do so.
    6·1 answer
  • (Ethical Dilemma)
    11·1 answer
  • We can express a firm in terms of a call/put option. In this context, the equity in the firm is like the (a) with its strike pri
    13·1 answer
  • Megan Corp. recognizes revenue over time to account for long-term contracts. At the date the contract is signed, the price is $6
    14·1 answer
  • Inventories March 1 March 31 Materials $235,200 $216,270 Work in process 488,200 571,640 Finished goods 656,550 689,800 Direct l
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!