Answer:
= $560,000
Explanation:
Given that:
- -Beginning PBO: 500,000
- -Current Service Cost: 50,000
- -Discount Rate: 6% => interest cost = 500,000*6% = 30,000
- -Contributions by Pernell: 40,000
- -Benefits paid to employees 25,000
- -Loss on PBO: 5,000
As we know that service cost; gains and losses; payments to retired employees; prior service cost; interest cost; payments to employees are factors that change the balance of the PBO
So the ending balance of the PBO will be:
Beginning PBO + Current Service Cost + Interest cost Loss on PBO -Benefits paid to employees
$500,000 + $50,000+ $30,000+$5,000-$25,000
= $560,000
To achieve a target profit of $930,000, Softies' sales must be $1,520,000.
<h3>
What is target profit?</h3>
- Target profit is the amount of profit that a company's managers anticipate achieving by the conclusion of a specific accounting period.
- Typically, the target profit is established from the budgeting process and is compared to the actual result in the income statement.
- If they chose to earn a 20% margin on each sale, they will make a $50 profit on each chair sold.
- As a result, if the corporation wishes to make $50 per chair and sell the chair for $200, the chair must be manufactured for $150 or less.
To find the target profit of Softie, Inc.:
- Sales = ($240,400 + $930,000) ÷ 0.77
- = $1,520,000
Therefore, to achieve a target profit of $930,000, Softies' sales must be $1,520,000.
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Answer:
2. production's task in creating an offering that is desired by the market
Explanation:
Form Utility is one of the four types of economic utilities. The other three being Time, place and possession. Form utility refers to the product or service a producer offers his customer. It is the value seen by customers in finished product.
Form utility involves how well a product or service meets customer's needs. Production unit is tasked with creating a product that his desired by the market after the marketing unit have gathered relevant information about what the market or consumers demand or needs.
In summary, it is a simple utility that involves the creation of products that meets customer's needs.
The correct option is A.
A survey is a process of gathering data and a number of different instrument can be used to gathered information during the course of a survey. An example of these instrument is questionnaire. Survey has many advantages and one of them is that uncover pattern of ideas.
Like you could tell say a person is wearing a diamond necklace having good looking clothes and then someone else has some ripped up clothes a little bit big for the person/baggy then you could probably tell that one person is more wealthy than the other
