1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
umka2103 [35]
4 years ago
10

The following information for Blossom Enterprises is given below: December 31, 2021 Assets and obligations Plan assets (at fair

value) $552000 Accumulated benefit obligation 1060000 Projected benefit obligation 1150000 Other Items Pension asset / liability, January 1, 2021 28000 Contributions 340000 Accumulated other comprehensive loss 453700 There were no actuarial gains or losses at January 1, 2021. The average remaining service life of employees is 10 years. What is the amount that Blossom Enterprises should report as its pension liability on its balance sheet as of December 31, 2021
Business
1 answer:
goldfiish [28.3K]4 years ago
7 0

Answer:  $598,000

Explanation:

The Pension liability to be reported is the amount that is owed to the employees (projected benefit obligation) less the amount that is available in order to be able to pay this obligation ( plan assets at fair value).

Pension Liability = Projected benefit obligation - Plan assets at fair value

= 1,150,000 - 552,000

= $598,000

You might be interested in
Thayer Farms stock has a beta of 1.38. The risk-free rate of return is 3.87 percent, the inflation rate is 3.93 percent, and the
KATRIN_1 [288]

Answer:

Cost of Equity  16.33%

Explanation:

We solve for this using CAMP:

Ke= r_f + \beta (r_m-r_f)

risk free = 0.0387

premium market = (market rate - risk free) 0.0903

beta(non diversifiable risk) = 1.38

Ke= 0.0387 + 1.38 (0.0903)

Ke 0.16331 = 16.33%

We are given with the risk free rate of return and the market premium already so we just need to plug into the formula to solve for the expected return on the stock.

8 0
4 years ago
One method used by some analysts to estimate the future value of a stock is the dividend growth model. This model would probably
Ray Of Light [21]

Answer:

I am sure that it is D. a large cap stock

Explanation:

Large cap stocks already have a positive growth sentiment and

based on how much dividends are paid out they can estimate the future

value of a stock.

8 0
3 years ago
In ________ ranking, raters look at a list of employees, decide who the best employee is, and cross that person's name off the l
Katyanochek1 [597]

Answer: Alternation Ranking

Explanation: In Alternation Ranking employees are rated by choosing the best and then the worst employee, and then repeating the process until all employees have been rated. This method is effective in determining worker's performance using comparison with other workers in the company.

4 0
4 years ago
Which of the following could most likely have prevented the accounting scandals of the early 2000s and the global financial cris
sveta [45]

Answer:

C. Practicing effective corporate governance

Explanation:

Accounting scandals refer to the scandals of the business that occurs from the change in the financial statements that to be done in a deliberate manner also the disclosing information is misled. It involves an organization as a whole.

In order to prevent the accounting scandals and the global financial crisis it could practicing corporate governance in an effective manner

Hence, the correct option is C.

7 0
3 years ago
A reading researcher does what
Dmitry_Shevchenko [17]

Answer:

They reveal how the author(s) interpreted the findings of their research and presented recommendations or courses of action based on those findings.

Explanation:

7 0
2 years ago
Other questions:
  • Island Breeze Company designs and makes desk, window, and ceiling fans. In a product liability suit based on negligence, Island
    11·1 answer
  • 1. In a transportation problem with 4 sources and 4 destinations, how many shipping lanes will exist?
    14·1 answer
  • Rona and stiv do business as treasure island traders. in a deal with unlimited potential, inc., rona makes a bid in competition
    5·1 answer
  • In 2008, 1 in approximately every 200 cars in the United States was stolen. Beth owns a car worth $20,000 and is considering pur
    15·1 answer
  • Antique Company has notes receivable that have a fair value of $920,000 and a carrying amount of $710,000. Antique decides on De
    10·1 answer
  • Derek, the general manager of a software firm, is known to be a modest person. He accepts responsibility for his mistakes and ke
    11·1 answer
  • Alpaca Corporation had revenues of $245,000 in its first year of operations. The company has not collected on $18,800 of its sal
    13·1 answer
  • Scarcity implies that a customer wants things from a business A. many B. few C. specific D. quality​
    13·1 answer
  • Assume that you are willing to postpone consumption of​ $1,000 today and buy a certificate of deposit​ (CD) at your local bank w
    12·1 answer
  • The following are the transactions for the month of July.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!