Answer:
$94
Explanation:
Given that,
Service costs = $ 138
Interest rate = 9%
Expected return on plan assets = 13%
Actual return on plan assets = 14%
Amortization of prior service cost = $8
Amortization of net loss = $1
Pension expense for 2018:
= Service costs + Interest cost + Amortization of prior service cost + Amortization of net loss - Expected return on plan assets
= $138 + ($500 × 5%) + $8 + $1 - (13% × $600)
= $138 + $25 + $8 + $1 - $78
= $94
Answer: Fractional reserve banking
Explanation:
Fractional-reserve banking is a common form of banking that is practised by commercial banks worldwide. It involves banks in every part of the world. Fractional reserve banking is the acceptance of deposits from customers and then making loans to borrowers, while the reserve a fraction of the deposit liabilities of the bank is held.
From the question, Maria makes a deposit of $10,000 into the savings account she uses at Smalltown Bank and the bank holds 20% of the deposit she made and later lends the remaining $8,000 to another customer is an example of fractional reserve banking.
Answer:
The correct answer is A
Explanation:
The financial activity is that activity which is undertaken by companies in order to accomplish their economic objectives and goals.
FDI (Foreign direct investment), which is an investment that is controlling the ownership or possession of the business in one country by an entity in another country.
Therefore, the FDI is the one activity which will help the company based in another country.
Answer:
The Interest Rate and how much you owe.
Explanation:
If you have a rate of 10% a month
and you owe $100, the next month you owe $110
or if you owe $50, then next month you owe $55