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sdas [7]
3 years ago
8

Ivanhoe, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined

-benefit pension plan for the year ended December 31, 2021. 1/1/21 12/31/21 Accumulated benefit obligation 3600000 1660000 Net (gains) and losses $ 6670000 $ 148000 Projected benefit obligation 1450000 6855000 Pension assets (at fair value) 0 4036000 The service cost component of pension expense for 2021 is $523000 and the amortization of prior service cost due to an increase in benefits is $113000. The settlement rate is 11% and the expected rate of return is 7%. What is the amount of pension expense for 2021

Business
1 answer:
Setler79 [48]3 years ago
4 0

Answer:

The pension expense for 2021 = $543,500

Explanation:

Service cost = $523,000

Amortization of prior service cost = $113,000

Settlement rate = 11%

Projected benefit obligation = $1,450,000

Accumulated benefit obligation = $3,600,000

Note: The necessary calculations are in the table attached as a file to this solution.

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You are comparing three securities and discover they all have identical Treynor ratios. Given this information, which one of the
Ede4ka [16]

Answer: The correct answer is "D. They earn identical rewards per unit of systematic risk.".

Explanation: If you are comparing 3 values and by calculating, find that they all have the same Treynor ratio means that they earn identical rewards per unit of systematic risk.

7 0
3 years ago
Jane Doe, who has substantial personal wealth and income, is considering the possibility of starting a new business in the chemi
Kaylis [27]

Answer: The correct answer is "S corporation, to gain some tax advantages and also to obtain limited liability. ".

Explanation: S corporation is the legal form of business organization that probably adapts best to her needs because it would be a great advantage to have tax benefits and in turn limit the liability only to the capital contributed, this means that to meet your obligations you only respond with capital from the company and not with Jane's own assets.

7 0
3 years ago
An investor purchases a stock for $52 and a put for $0.60 with a strike price of $50. The investor sells a call for $0.60 with a
Nutka1998 [239]

Answer:

Maximum profit = $6

Maximum loss = -$2

Explanation:

The computation of maximum profit and loss for this position is shown below:-

Maximum profit = Strike price - Purchase of stock

= $58 - $52

= $6

Maximum loss = Strike price - Purchase of stock

= $50 - $52

= - $2

Therefore for determining the maximum profit and loss for this position we simply applied the above formulas.

6 0
2 years ago
what is the legal avenue for an owner who wants to dispose of his or her interest against the wishes of other co-owners?
Sedaia [141]

The legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.

<h3>What is a Partition Suit?</h3>

A partition suit can be described as a way of seeking remedy to dispute in real estate ownership, whereby the co-owners do not seem to agree on keeping or selling a piece of property.

For a partition suit to be won, the co-owner must be in the right standing to even initiate one.

Thus, the legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.

Learn more about partition suit on:

brainly.com/question/15463733

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6 0
1 year ago
Metlock has been in business several years. At the end of the current year, the unadjusted trial balance shows: Accounts Receiva
Vesnalui [34]

Answer:

the answer is given below;

Explanation:

Allowance for Doubtful Accounts-opening             ($5,355)

Allowance for doubtful accounts-closing    ($300,000*8%) $24,000    

Bad Debt Expense                                                          $18,645

Bad Debt Expense Dr.$18,645

Allowance for Doubtful Accounts Cr.$18,645

7 0
3 years ago
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