Solution:
Service cost (from pension expense column) = $89 = ($89) in the PBO column
Interest cost (from pension expense column) = $32 = ($32) in the PBO column
Loss on PBO (given) = ($34)
Retiree benefits (from plan assets column) = ($61) = $61 in the PBO column
Ending PBO = ($670) + (89) + (32) + (34) + 61 = ($886)
Net pension liability = ($886) + 331 = ($555)
Net pension asset of $555.00 was the balance of the net pension asset/liability reported in the balance sheet at the end of the previous year
FALSE. A company's code of ethics or code of business conduct describes how the leaders must behave, not the employees.
Answer:
The correct answer is Intranet.
Explanation:
An Intranet is a digital platform whose objective is to assist workers in generating value for the company, making available assets such as content, files, business processes and tools; facilitating collaboration and communication between people and teams.
Answer: Option C
Explanation:
A. Assets with physical existence are called tangible assets.
B. There are several financial instruments that lacks physical substance but are not considered as intangible assets.
C. Intangible assets can be either long term or short term.
D. Only those intangible assets that have definite lives are amortized, others with indefinite life are not.
Full question attached
Answer:
A. 8.6%
B. 14.09%
Explanation:
A) given that portfolio weights =50% each
Expected return= w*r+w*r where w is portfolio weight and r is return on each asset:
=0.50*0.078+0.50*0.094= 0.086
=8.6%
B) The volatility (standard deviation)
=√w²*std²+w²*std²+2*w*w*std*std*corr
=√0.50²*0.157²+0.50²*0.203²+2*0.50*0.50*0.157*0.203*0.213
=0.1409
=14.09%