Answer:
$917,750
Explanation:
The beginning projected benefit obligation of $875,000
Add: Increased by interest at 9% or $78,750
Add Service ervice cost of $24,000
Total $977,780
Less distributions to employees $60,000
Balance $917,750
Therefore Assuming that pension expense is $80,000, what will be the projected benefit obligation at December 31, year 8 is
$917,750
Answer:
Seller Janet delivers a disclosure statement to Buyer Amanda. Amanda reads it over and decides everything looks good enough to continue with the purchase. A few weeks later, a major hail storm damages the roof and now it leaks. The original disclosure is no longer accurate and the statement which is false:
- Amanda can require Janet to replace the roof.
Explanation:
- Amanda can not require Janet to replace the roof as it was not mentioned in the disclosure statement. The things she can ask the Janet to do are:
- Janet should amend the disclosure statement and deliver it to Amanda.
- Janet can correct the damage to the roof and tell Amanda nothing.
- Amanda can rescind the purchase agreement within three business days after she receives an amended disclosure.
Answer: all available funds
Explanation:
From the information given in the question, it can be infer that Flatley and Synnott used the all available funds method for promoting their product.
This all available funds method is the allocation of all the available profits for advertising purposes. It is an aggressive method as it can invoice moving door to door or doing at other means in order to promote a product. It is useful when a new company wants to increase the consumer awareness with regards to its products or services.
<span>The service jobs, service workers
in section of working class / middle class
-manufacturing jobs have gone down since 73'</span>
Answer:
rate of return on lifetime subscription purchase is 6.89 %
Explanation:
given data
lifetime subscription = $1000
magazine costs = $64.50 per year
to find out
rate of return on a life subscription purchased
solution
we know that rate of return is obtain by the equation
the present value $64.5 for infinite years to 1000
so
1000 = 64.5 + 
+ 
+ 
+ ................ ∞ + 
and
r = 
so by using geometric series for the infinity term
1000 = 
r = 0.9355
so r =
0.9355 =
i = 6.89 %
so rate of return on lifetime subscription purchase is 6.89 %
