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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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Shawn starts a business called valuecentral.com, the concept takes off, and the company has an ipo and goes public. the company
tensa zangetsu [6.8K]
In such a case Shawn's company cannot and should not give out a dividend.

Since the company has just raised money, is growing and profitable and it is becoming hard to keep up with demand, this is the best time for the company to reinvest its profits to:

1. Hire more people/Buy more product

2. Improve processes

3. Use the profits to invest in R&D

4. Use the profits to invest in marketing and promotion

5. Invest in providing better customer service

So no dividend should be given since it can hamper the growth of a young company. The money should be used to grow the company for now and in the future all shareholders can enjoy good dividends.




8 0
3 years ago
Prepare entries in a job order cost system and job cost sheets.
Daniel [21]

Answer:

eraDXZ∂fvkm  ≈√≈∫˜µ ƒuktkktukdkuku

Explanation:

4 0
3 years ago
Perfect Clean, Inc. provides housekeeping services. The following financial data have been provided.
ioda

Answer:

A) $38,650; 48.31%

Explanation:

The computation of the contribution margin and the contribution margin ratio is shown below:

Contribution margin = Service Revenue - Cleaning Supplies Used - wages expense

= $80,000 - $22,000 - $19,350

= $38,650

The variable cost is Cleaning Supplies Used + wages expense

And, the contribution margin ratio equals to

= (Contribution margin ÷ sales) × 100

= ($38,650 ÷ $80,000)  × 100

= 48.31%

7 0
3 years ago
Inappropriate practices and activities related to consistency of care include:
Ira Lisetskai [31]

Inappropriate practices and activities related to consistency of care include changing caregivers often do infants get comfortable being with different adults .

<u>Explanation: </u>

Consistency of care means a small variability in the care industry from shift to shift from day to day, to the nursing assistant, to the resident, to the caregiver and to the patient to the patient.

Continuity of care ensures that each caregiver transition is managed seamlessly to notify the next shift of what was being learned and what needs attention. Medical records are not enough: handwriting is usually poor, time consuming communication, and nurses experience and explain in various ways the same patient risk factors.

Across one side, different eye pairs on such a patient are useful, with a range of symptoms and signs and theories established. And on the other hand, the eyes must still maintain the clear identification of important issues and indicators.

6 0
3 years ago
Jaycee Jeans sold 40 pairs of jeans at a price of $40. When it lowered its price to $20, the quantity sold increased to 60 pairs
grigory [225]

Answer:

The answer is: A) 0.6

Explanation:

First we will calculate the midpoint for units:

  • change in units = 40 - 60 = -20
  • average units = (40 + 60) / 2 = 50
  • midpoint for units = 20 / 50 = 0.4 (we only use positive numbers)

Now we will calculate the midpoint for price:

  • change in price = 40 - 20 = 20
  • average price = (40 + 20) / 2 = 30
  • midpoint for units = 20 / 30 = 0.67

Finally we divide 0.4 / 0.67 = 0.6

4 0
3 years ago
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