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nignag [31]
3 years ago
9

The relationship between the amount funded (cash sent to trustee) and the amount reported for pension expense is as follows: Sel

ect one: a. pension expense must equal the amount funded. b. pension expense may be greater than, equal to, or less than the amount funded. c. pension expense will be more than the amount funded. d. pension expense will be less than the amount funded.
Business
1 answer:
Nostrana [21]3 years ago
5 0

pension expense may be greater than, equal to, or less than the amount funded.

Answer: Option B.

<u>Explanation:</u>

Pension expense is the expense that a trustee has to bear to give pensions and other offerings to the people who have retired from the services which they were offering.

The amount that the trustee will get in the form of amount funded does not necessarily be the same amount as the expenses of the cash given in the form of pension. It can be greater than equal to or even lesser than the expenses made.

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Assume there are two countries (France and the United States) and two goods (Wine and Cheese). In France, labor productivity in
Savatey [412]

Answer:

United States

Explanation:

A comparative advantage results when a country's opportunity cost of producing good X is lower than the opportunity cost of producing good X in another country.

France

Opportunity cost of producing wine = 30/40 = 0.75 kilos of cheese

Opportunity cost of producing cheese = 40/30 = 1.33 bottles of wine

United States

Opportunity cost of producing wine = 12/12 = 1 kilo of cheese

Opportunity cost of producing cheese = 12/12 = 1 bottle of wine

France has a comparative advantage in the production of wine, and the US has a comparative advantage in the production of cheese.

7 0
4 years ago
Brazil has a population of about 210​ million, with about 150 million over the age of 15. Of​ these, an estimated 25​ percent, o
kvasek [131]

Answer:

B. Since the development of human capital is an important determinant of economic​ growth, Brazil's literacy and reading rates suggests its potential economic growth rate is lower.

Explanation:

According to the New Growth Theory, it is both human desire and capital the factors that drive economic growth the most.

A literate population that does not read a lot means a lower level of human capital for Brazil, which in turn means that Brazil has a lower potential for economic growth. In order to increase economic growth, the Brazilian government should promote readership among its population.

3 0
3 years ago
Neal and Ned spend $25,000 on travel, surveys, and financial forecasts toinvestigate the possibility of opening a bagel shop in
vlabodo [156]

Answer:

a. The $25,000 is deductible as a current expense.

b. The $25,000 is still deductible as a current expense.

Explanation:

a.They open a bagel shop in the city?

The $25,000 spent on travel, surveys, and financial forecasts will be treated as an an ordinary and necessary business expense. The reason is that it is spent to carry out an investigation necessary for expanding their already existing business. Therefore, the $25,000 is deductible as a current expense.

b. They decide not to open a bagel shop in the city?

It does not matter whether they open the bagel shop in the city or not. The $25,000 spent on investigation will still be treated as an an ordinary and necessary business expense, since it is spent to expand existing active business. The $25,000 is still deductible as a current expense.

7 0
3 years ago
What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share?
topjm [15]

The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:

Dividend = (Face Value) * (Interest rate)

Dividend = $50 per share * 0.08

<span>Dividend = $4 per share                                (ANSWER)</span>

7 0
3 years ago
Robertson Corporation's inventory balance was $22,000 at the beginning of the year and $20,000 at the end. The inventory turnove
stich3 [128]

Answer:

$176,400

Explanation:

Step 1 : Cost of Sales calculation

inventory turnover ratio = Cost of sales ÷ average inventory

therefore,

Cost of sales = inventory turnover ratio x average inventory

                       = $126,000

Step 2 : Sales calculation

we know that :

Sales = Cost + Profit

140 % = 100 % + 40 %

therefore,

Sales = 140% / 100% x $126,000

          = $176,400

thus,

net sales for the year is $176,400

4 0
3 years ago
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