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skad [1K]
3 years ago
11

Rossi Company has a defined-benefit plan. At the end of 2015, it has determined the following information related to its pension

plan:Projected benefit obligation $730,000Accumulated benefit obligation 660,000Fair value of pension plan assets 610,000The amount of pension liability that is reported in Rossi's balance sheet at the end of 2015 isA. $150,000. B. $120,000. C. $70,000. D. $50,000.
Business
1 answer:
expeople1 [14]3 years ago
3 0

Answer:

amount of pension liability = $120,000

so correct option is B. $120,000

Explanation:

given data

Projected benefit = $730,000

Accumulated benefit = 660,000

Fair value pension plan assets = 610,000

to find out

amount of pension liability reported in Rossi balance sheet at the end

solution

we get here amount of pension liability that is express as

amount of pension liability = Projected benefit - Fair value of pension plan assets   ............1

put here value we get

amount of pension liability = $730,000 - $610,000

amount of pension liability = $120,000

so correct option is B. $120,000

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Sergio039 [100]

Answer:

We will get $7680(thousands)

Explanation:

Answer

If we read the given data values in the passage, it is clear that the mean annual number of smart little cars in china is 7500 and the variance is equal to 6400

The variance is given for the number of cars, but not for the profit.

So, we need to convert the numerical value(number of cars) to money value(profit)

it is given that net revenue per car is $1.2 (thousands)

So, multiplying the net revenue by number of cars

we get, variance in profit = 6400*1.2 = $7680 (thousands)

3 0
3 years ago
Assume that Wal-Mart Stores, Inc. has decided to surface and maintain for 10 years a vacant lot next to one of its stores to ser
Kryger [21]

Answer:

Bid A should be accepted

Explanation:

Bid A:

initial investment = $5.75 x 12,000 = -$69,000

cash flows years 1 - 4 = $0.25 x 12,000 = -$3,000

cash flow year 5 = -$69,000

cash flows years 6 - 9 = $0.25 x 12,000 = -$3,000

NPV using a 9% discount rate = -$129,881.21

Bid B:

initial investment = $10.50 x 12,000 = -$126,000

cash flows years 1 - 9 = $0.09 x 12,000 = -$1,080

NPV using a 9% discount rate = -$132,474.87

3 0
3 years ago
Determine how each scenario impacts the capital stock, including the effect of depreciation, if applicable. a. A salesperson dro
mars1129 [50]

Answer:

the answer is B.)

Explanation:

3 0
2 years ago
The main functions of human resource management can be categorized into ... A. Line function, management functions, and employee
babymother [125]

Answer:

C. Staff functions, line functions, and coordination functions

Explanation:

Human resource management functions may be classed into : line functions which involves the segment charged with the transition of an organization directly into its daily operational activities such as production, selling marketing and other customer service activities. The Staff functions of the human resource Management refers to advisory support on various activities of the organization which has to do with staffing, recruitment.

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5 0
2 years ago
Denver Corporation purchased a patent for $405,000 on September 1, 2016. It had a useful life of 10 years. On January 1, 2018, D
natita [175]

Answer:

amount that should be reported for patent amortization expense for 2018 will be $90000.27

Explanation:

given data

purchased patent = $405,000

useful life = 10 years

spent = $99,000

remaining useful life = 5 years

solution

first we get here amortization from September 1, 2016 - January 1, 2018 that is

September 1 - december 31 = \frac{4}{12}  = 0.333333

amortization = (1 + 0.333333) × (405000 ÷ 10)

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and

now we get remaining value before defence

remaining value = $405,000 - $53998.65

remaining value = $351001.35

and

now we get here amount to be reported for patent amortization expense for 2018

amount = ( $351001.35 + $99,000 ) ÷ 5

amount = $90000.27

so amount that should be reported for patent amortization expense for 2018 will be $90000.27

7 0
2 years ago
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