Answer:
$180,000
Explanation:
This can be calculated as follows:
Pension cost in year 2 = Service cost + Prior service cost amortization + Interest cost - Actual and expected return on plan assets
Therefore, we have:
Pension cost in year 2 = $160,000 + $5,000 + $50,000 - $35,000 = $180,000
Therefore, Lee report should $180,000 as pension cost in its year 2 income statement.
Answer:
$265 billion
Explanation:
The computation of the GDP in year 2 is shown below:
= GDP in year 1 + increase in the business inventories
= $250 billion + $15 billion
= $265 billion
We simply added the GDP in year 1 with the increase in the business inventories so that the GDP in year 2 could come
The answer is market equilibrium. Hope this helps! Please rate if my answer helped you! Thank You so much!
Answer:
True.
Explanation:
Currency board is aimed at pegging a countrie's currency. Management of monetary authorities make decisions on valuation of a countrie's currency. When local currency is pegged to a foreign currency, there will be an equal amount of the currency held in the reserves.
The control board now allows for unlimited exchanged between the pegged local currency and the foreign currency in the reserves.
Answer:
No margin call is required
the price per bushel to trigger margin call = 1102 cents per bushel
Explanation:
The computation of given question is shown below:-
The Difference between the rates of futures = Settle Quote of present day - Closing Settlement Price Quote when future was sold
= 808 - 786
= 22
The margin on present day for future = quoted in cents × Difference between the rates of futures
The future is sold for 5000 bushels , this is quoted in cents that is $50
= 22 × 50
= 1,100
Current margin call = Initial margin - Price change
= $6,075 - 1,100
= $4,975
Therefore no margin call is required as the margin balance is exceeds the maintenance margin requirement.
maximum loss per contract before margin call = Initial margin - Maintenance Margin
= $6,075 - $4,500
= $1,575
Maximum price before margin call = 786 + (1,575 ÷ 5,000)
= 786 + 315
= 1101 cents
So, the price per bushel to trigger margin call = 1102 cents per bushel