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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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Blue Ridge Crafters is a co-operative that distributes traditional household furnishings, such as home-spun textiles, hand-throw
Harman [31]

Answer:

C) Horizontal growth strategy.

Explanation:

In the given situation, blue ridge would added non related products for the customers who already purchased it from them. Also it shows the concept of one-stop shop i.e. catering should be provided to all rounds requirement for the customers who visited them

Therefore as per the given scenario, the option c is correct

And, the same would be considered

5 0
3 years ago
If Project Repat were to acquire another firm that makes or sells similar products in similar markets, it would be an example of
SVEN [57.7K]

Answer:

b. Horizontal merger.

Explanation:

Project Repat is merging with a company that produces similar products to its own markets them in similar markets as well, this is an example of a horizontal merger that results in increased synergies between the similar firms and a greater market share opportunity.

Vertical mergers are usually not in the same industry. They would either be with the suppliers of Project Repat or customers who retail Project Repat's products.

Conglomerate is an example of diversification and usually the merging firms have different operations.

There are no information of clashes of any sort within the two  merging companies so it is uncertain whether this is a hostile takeover.

Hope that helps.

3 0
3 years ago
Suppose that over the last twenty-five years a country's nominal GDP grew to three times its former size. In the meantime, popul
frez [133]

Answer:

B. It increased, but it less than doubled

Explanation:

Real GDP per person is defined as the total economic output divided by the total number of people. It is used in roughly indicating the standard of living.

An increased in the nominal GDP 3 times its formal will lead to a proportionate increase in the GDP per person statistics. But I was a noted that there was a 100% increase in population, meaning that population doubled. This indicates that the GDP per person increased but it less than double because of the population doubling in that period of time.

7 0
3 years ago
Read 2 more answers
Workplace communication can suffer when individuals
iVinArrow [24]
Lack communication, ignorance, bad behavior
4 0
3 years ago
Franklin Manufacturing provided the following information for the month ended Marchâ 31:
Alexxx [7]

Answer:

a. Cost of Goods Sold (COGS) amounts to $21,100

Explanation:

a.

Computing the Cost of Goods Available for Sale as:

Cost of Goods Available for Sale = Beginning Finished Goods Inventory + Cost of Goods Manufactured

where

Cost of Goods Manufactured is $18,600

Beginning Finished Goods Inventory is $15,000

So, putting the values above:

Cost of Goods Available for Sale = $18,600 + $15,000

Cost of Goods Available for Sale = $33,600

Computing the COGS (Cost of Goods Sold) as:

Cost of Goods Sold (COGS) = Cost of Goods Available for Sale - Ending Finished goods Inventory

where

Cost of Goods Available for Sale  is $33,600

Ending Finished goods Inventory is $12,500

So, putting the values above:

Cost of Goods Sold (COGS) = $33,600 - $12,500

Cost of Goods Sold (COGS) = $21,100

4 0
3 years ago
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