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3 years ago

The service cost component of a defined benefit pension plan is computed as the:

1 answer:

mote1985 [20]3 years ago

5 0

Answer: The service cost component of a defined benefit pension plan is computed as the: Present value of the change in pension liability from additional employee service.

The service cost of a defined benefit pension plan is the change in the pension liability caused by one additional year of employee service. Also an expected return on pension plan assets does not cause an increase in the pension expense for a defined benefit plan.

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For 2018, Pompi marketing managers project monthly sales of 460 comma 000 12-ounce bottles and 200 comma 000 1-gallon contain

Eduardwww [97]

Answer:

Budgeted total revenue = $424,000

Explanation:

The revenue budget shows the expected amount sales income projected for the next coming accounting period for a business. It contains data about the expected ales volume for different products, their prices and the estimated sales revenue.

Product Price Quantity Revenue

Ounce 0.40 460,000 184,000

Bottles 1.20 200,000 240,000

Total revenue 424,000 

Budgeted total revenue = $424,000

6 0

3 years ago

Pizza is a normal good. if students' incomes at your college increase, the effect on pizza will be:________

erica [24]

Answer:

Normal goods have a positive relationship with income & purchasing power parity (PPP) with an increase in income ( I ) consumption of normal goods also increased respectively.

So, with the increase in students' income consumption of Pizza will be increased

As normal goods have a positive income elasticity of demand coefficient but it will be less than one.

Explanation:

Let’s discuss the normal goods, as a decrease in the price of normal goods its consumption will boost or increase. As when normal goods become cheaper, they will be consumed much as we know that people will consume them because of the logical reasoning of cheaper than its substitutes. Likewise, with an increase in income, its consumption will also increase but at a stage where it will become inelastic or constant.

You can learn more about Economics

at brainly.com/question/28179544

#SPJ4

4 0

1 year ago

An asset (not an automobile) put in service in June 2019 has a depreciable basis of $1,035,000, a recovery period of 5 years, an

Irina18 [472]

Answer:

The maximum deduction is $207,000.

Explanation:

As per MACRS depreciation table 5 years half year conversion depreciation rate for first year is 20% - 100%/5 = 20%

The maximum deduction is $1,035,000 * 20% = $207,000

7 0

3 years ago

Lemony Company made sales of $ 32 comma 200 million during 2018. Cost of goods sold for the year totaled $ 12 comma 880 million.

Aleksandr [31]

Answer:

Gross profit is 60%

Inventory turnover is 4.6 times

Explanation:

The formula to compute the gross profit percentage is shown below:

= (Gross profit ÷ sales) × 100

where,

Gross profit = Sales - the cost of good sold

= $32,200 million ÷ $12,880 million

= $19,320 million

And, the sales is $32,200 million

Now put these values to the above formula

So, the percentage would equal to

= ($19,320 million) ÷ ($32,200 million) × 100

= 60%

The formula to compute the inventory turnover is shown below:

= (Cost of goods sold) ÷ average inventory

where,

Average inventory = (Beginning inventory + ending inventory) ÷ 2

= ($1,200 million + $1,600 million ) ÷ 2

= $900 million

And, the cost of good sold is $12,880 million

Now put these values to the above formula

So, the turnover would equal to

= $12,880 million ÷ $2,800 million

= 4.6 times

7 0

3 years ago

____________ involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy th

serg [7]

Answer:

Business analysis

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.

This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.

Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

5 0

3 years ago