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vlada-n [284]
3 years ago
6

Pension data for Sterling Properties include the following:

Business
1 answer:
const2013 [10]3 years ago
5 0

Answer:

$94

Explanation:

Given that,

Service costs = $ 138

Interest rate = 9%

Expected return on plan assets = 13%

Actual return on plan assets = 14%

Amortization of prior service cost = $8

Amortization of net loss = $1

Pension expense for 2018:

= Service costs + Interest cost + Amortization of prior service cost + Amortization of net loss - Expected return on plan assets

= $138 + ($500 × 5%) + $8 + $1 - (13% × $600)

= $138 + $25 + $8 + $1 - $78

= $94

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Carrie is creating a personal balance sheet. The heading includes the period of time that the balance sheet represents.
k0ka [10]

Answer:

A- January 1, 2021

Explanation:

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7 0
2 years ago
When making additional business decisions management should consider?
Delvig [45]
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8 0
3 years ago
Which of the following journal entries is recorded correctly and in the standard format?
Zanzabum

Answer:

D. Salaries and Wages Expense 530

Advertising Expense 910

Cash 1440

Explanation:

Salaries and wages expense, and advertising expense, are expenses, therefore, when they increase, they are debited.

Cash is an asset account, when it decreases, as in this case, it is debited.

The entry would be:

Account                                        Debit              Credit

Salaries and Wages Expense     530

Advertising expense                   910

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3 0
3 years ago
One reason integrated marketing communications is necessary is​ __________.
timama [110]
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4 0
4 years ago
Your great grandfather left you a trust will pay you an annual payment of $200 today but the annuity will grow at an annual rate
Mrac [35]

Answer:

The annuity is worth $5,000 today

Explanation:

We solve using the growing perpetuity formula for present value:

Principal = \frac{C}{r - g} \\Where: \\$r = interest rate\\g = grow rate

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g = 0.02

C = $200

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4 0
3 years ago
Read 2 more answers
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