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
Bogdan [553]
2 years ago
12

You have joined Member Company as an accounting manager. You were reviewing the financial statements to get yourself familiar wi

th the company. While conducting the review, you had some concerns about their pension assets. Member Company had pension assets of $14 million and vested pension obligation of $12 million, but the projected benefit obligation was about $16 million. The pension assets were underfunded because the obligations were $16 million compared to the assets of $14 million. You approached the controller Bill Jensen and said to him, “Bill, while reviewing the financial statements, I noticed that we have a problem with the pension assets being underfunded by $2 million. We have pension assets worth $14 million compared to our outstanding obligations of $16 million. We need to clean that up and put some more funds in the pension assets.” Bill looked unconcerned. He replied, “I noticed that. No problem! Why don’t we fire the employees who are not vested because the vested pension obligation is $12 million compared to the pension assets of $14 million? What do you think?” How should you respond? What should you do?
English
1 answer:
dexar [7]2 years ago
3 0
This seems like a more opinionated question. If I were you I'd agree and fire the least valueble employees to blance the underfunding.
You might be interested in
Someone please help!!! I'll mark the brainliest!
Salsk061 [2.6K]

Answer:

My best friend who's first wold expierences were the same as mine is now living a completely different life, and that i will nver understand.

Explanation:

My best friend who's first wold expierences were the same as mine is now living a completely different life, and that i will nver understand.

4 0
2 years ago
Partnering with a colleague can benefit a teacher in the process of?
cluponka [151]

Answer:

c. event planning

Explanation:

......llññ

6 0
2 years ago
What was nativism ?
stepan [7]

Answer: Nativism is the political idea of holding the interests of natives as more important than those of immigrants or naturalized citizens. This idea is promoted by supporting immigration restrictions or complications.

6 0
3 years ago
Read 2 more answers
Después de una siesta, las personas tienden a estar más felices y más alertas. Hacen mejor trabajo y evitan errores. Los nappers
xxTIMURxx [149]

Write questions in English re.tard...

3 0
2 years ago
PLEASE HELPPP
algol [13]

Part A : Binge-watching may improve relationships.

Part B: It is effective because the author provides several examples of how binge-watching increases social connections, and refers to outside sources.

You welcome.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Summary demanding more from college
    7·1 answer
  • PLEASE HURRY ITS TIMED!!! What should be included in the heading of a resume? Select 3 options.
    14·1 answer
  • Anyone else think hes fine? ​
    9·1 answer
  • PLEASE HELP MY MOM IS GONNA HIT ME IF THIS ISNT DONE BY THE TIME SHE GETS HOME how has transportation changed the world? need at
    8·1 answer
  • Where do the Logan's live in roll of thunder hear my cry? A. On Harlan grangers land B. On their old land C. on government owner
    6·2 answers
  • Gold-paneled ballrooms with crystal chandeliers. Dashing knights and handsome lords bowing at the knees of elegant ladies. And t
    10·2 answers
  • Highlight the writer's use of hyperbole in the passage. As one important being left Bindi's life, another entered it. He certain
    10·1 answer
  • Shakespeare's tale about Romeo and Juliet was:
    12·1 answer
  • Which are typical features of a research plan? Choose four correct answers.
    14·1 answer
  • The missionaries in California called people who did not believe in a Christian God
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!