Answer:
The validity of this assertion depends on the usage of these resources.
Explanation:
The answer to this question lies on how the available resources are spent. In a situation where resources are spent on the production of goods that have short lifespan of about 3 years with little or no capital production, it becomes a problem for future generations.
On the other hand, if a society uses the resources it has for the production of capital goods and for the sake of research purposes, future generations would benefit and be better off because economic growth would be faster.
Answer:
$88,000
Explanation:
Computation of the total amount to be reported as intangible assets on its balance sheet
Using this formula
Total amount to be reported as intangible assets = Trademarks + Excess of cost over fair value of net assets of acquired subsidiary
Let plug in the formula
Total amount to be reported as intangible assets = $12,700 + $75,300
Total amount to be reported as intangible assets = $88,000
Therefore the total amount to be reported as intangible assets on its balance sheet bat year end will be $88,000
Answer: funded status relative to the projected benefit obligation
Explanation:
A defined benefit pension plan is a pension plan type in which the employer promises to pay the worker a lump sum or a pension payment which is based on the earnings history, age and the tenure of service of the worker.
Since Seigel co. maintains a defined-benefit pension plan for its employees. at each balance sheet date, seigel should report a pension asset/liability that will be equal to the funded status relative to the projected benefit obligation.
Answer:
False
Explanation:
The government sector derives its main incomes from taxes.
Answer:
More resources, less responsibility
