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xz_007 [3.2K]
3 years ago
5

At the end of 2021, Havana contributed $696 thousand to the pension fund and benefit payments of $624 thousand were made to reti

rees. The expected rate of return on plan assets was 10%, and the actuary's discount rate is 8%. There were no changes in actuarial estimates and assumptions regarding the PBO.
What is Havana's 2016 actual return on plan assets?
Business
1 answer:
kvasek [131]3 years ago
5 0

Answer:

Havana's 2016 actual return on plan asset is $504 thousand.

Explanation:

Havana's 2016 actual return on plan asset is $504 thousand.

Let actual return be x.

Ending balance of plan assets =  Beginning balance of plan asset + Actual return + Cash Contributions - Retiree benefits

$6,336 = $5,760 + x + $696 - $624

x = $6,336 - $5,760 - $696 + $624

x= $504 (answer).

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Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
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Answer:

10,000 units

Explanation:

Given:

Total fixed costs for proposal A = $50,000

Total fixed costs for proposal B = $70,000

Variable cost for proposal A = $12

Variable cost for proposal B = $10

Revenue generated by each vendor = $20

let the number of units be 'x'

Now,

Cost of proposal A = Cost of proposal B

Fixed cost + x × Variable cost of proposal A = Fixed cost + x × Variable cost of proposal B

or

$50,000 + x × $12 = $70,000 + x × $10

or

x × $12 - x × $10 = $70,000 - $50,000

or

x × $2 = $20,000

or

x = 10,000 units

7 0
3 years ago
Read 2 more answers
Alan tries to make life easy on his employees by telling them exactly what to do and how to do it. he believes that most of his
Stella [2.4K]

Answer:

True                          

Explanation:

Executives under theory X appear to hold a negative perception of their employees, and believe they are inherently unconfident and hate work. As a consequence, they feel that staff mates have to be continuously pressured, praised or disciplined to ensure they accomplish their assignments.

The X methodology to analysis appears to have many divisions of managers and executives to supervise and direct staff. Power is never delegated, thus authority is often strongly centralised. Managers become more hierarchical and work aggressively to make things happen.

3 0
3 years ago
When bonds are issued at their face amount, the journal entry will include a __________ to __________.
Eva8 [605]
D. Credit; bonds payable
3 0
2 years ago
The privately-owned school system in Smalltown has a virtually unlimited capacity. It accepts all applicants and operates on bot
oksian1 [2.3K]

Answer:

A

Explanation:

The privately-owned school system in Smalltown generates  positive externality to members of SmalltownA good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.

The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.

The free rider has caused a decline in revenues and did not cause the private market to undersupply education to the community

6 0
3 years ago
According to Hackman and Oldham's job characteristics model, what type of employee would most likely be satisfied and perform at
Rasek [7]

The type of employee that would most likely be satisfied and perform at a high level is motivated employee.

<h3>Who is Hackman and Oldham?</h3>

Richard Hackman and Greg Oldham developed a model which itself motivates employees for the jobs.

The model focuses on the perspective that if the job is not monotonous, it can  motivates the employee and would not feel discouraged to work.

Hence, the type of employee that would most likely be satisfied and perform at a high level is motivated employee.

Read more on about Hackman and Oldham here: brainly.com/question/13103980

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8 0
2 years ago
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