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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

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Which statement best describes a characteristic of a relational database?
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Answer:

<u>B.</u><u> It contains tables with fields that are associated with one another.</u>

<em>Why the other choices are wrong</em>

C and D are wrong because a relational database is a database that contains tables with fields that are associated with one another. D is wrong because it is a feature that is used to add queries to tables.

<em>Further explanation of concepts:</em>

What is a relational database?

A relational database is a database that stores data in the form of tables. The tables are then linked together by relationships. This makes it easy to access data in the database and to create new relationships between data.

What are queries?

Queries are how you search for and manipulate data in a relational database. Queries can be used to find specific data, to update data, or to delete data.

8 0
1 year ago
Software Sales Supply is expected to pay its first annual dividend of $1.10 per share in Year 3. Starting in Year 6, the company
Andru [333]

Explanation:

Let the dividend paid in Year n be Dn

Given, D3 = $1.10

D4 = $1.10

D5 = $1.10

Growth in dividend from Year 6 = g = 3.2%

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Required Return = r = 13.1%

According to Gordon's Growth model,

P5 = D6/(r - g) = 1.135/(0.131 - 0.032) = $11.464

Present Value of the stock = P0 = D3/(1+r)3 + D4/(1+r)4 + D5/(1+r)5 + P5/(1+r)5

= 1.10/(1+0.131)3 + 1.10/(1+0.131)4 + 1.10/(1+0.131)5 + 11.464/(1+0.131)5

= <u>$8.22</u>

8 0
3 years ago
A corn processor in Nebraska has decided to purchase a futures contract for corn. The contract will increase in value if the pri
VikaD [51]

Answer:

hedging

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question in this example, the corn processor is hedging. This term refers to an investment position whose main focus is to offset potential losses or gains that may be incurred by a certain investment.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
The inflationary spiral explains the causes and effects of high inflation.
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Answer:

A. Producers raise prices to continue to make a profit.

Explanation:

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In May of 2021, Raymond Financial Services became involved in a penalty dispute with the EPA. At December 31, 2021, the environm
Natasha2012 [34]

Answer:

$882,000

Explanation:

According to IAS 37, Provisions, contingent liability and contingent assets,  A provision is a liability of uncertain timing or amount. The liability may be a legal obligation or a constructive obligation.

An entity recognises a provision if it is probable that an outflow of cash or other economic resources will be required to settle the provision. Furthermore, the standard requires that a provision is measured at the amount that the entity would rationally pay to settle the obligation at the end of the reporting period or to transfer it to a third party at that time.

The amount to be accrued for is the settlement offer of $882,000 which was accepted before the financial statement was issued. This settles the uncertainty in the amount to be provided for.

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