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34kurt
3 years ago
11

During its first year of operations, a company granted employees vacation privileges and pension rights estimated at a cost of $

45,000 and $36,000. The vacations are expected to be taken in the next year and the pension rights are expected to be paid over the next 5-30 years. What is the total cost of vacation pay and pension rights to be recognized in the first year?
Business
1 answer:
lorasvet [3.4K]3 years ago
5 0

Answer:

The total cost of vacation pay and pension rights to be recognized the first year is $0

Explanation:

The vacations are expected to be taken the following year for which the vacation pay would be made and the pension rights are expected to be paid over the next 5-30 years. So, no cost is recognized in the first year

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Explanation:

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Answer:

The correct answer is A.

Explanation:

Giving the following information:

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<u>The margin of safety is the number of units or amount of dollars that provide genuine profit to the company. It is the "margin" that gives room to try new strategies</u>.

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Margin of safety ratio= 0.13=13%

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