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3 years ago

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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3 years ago

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Lush Lawns, a new landscaping company, uses the same logo and shade of green in all forms of communication including its online

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1 year ago

Copybold Corporation is a start-up company that has a capital structure with a debt/assets ratio equal to 0.75. Copybold has no

galben [10]

Answer:

The value of the difference between the earnings per share (EPS) forecasts for Feast and Famine is $2.40

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For the data values from the question are used.

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2 years ago

IRR in Excel!(CHAPTER 9) Your company is considering a new project opportunity. It would immediately receive $200. In return, in

oksian1 [2.3K]

Answer:

12.44%

Explanation:

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IRR can be calculated with a financial calculator

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To find the IRR using a financial calculator:

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3 years ago

If beginning inventory is $60,000, cost of goods purchased is $380,000, and ending inventory is $50,000, cost of goods sold is $

k0ka [10]

Answer:

390,000

Explanation:

The cost of goods sold is the expense incurred in producing goods to be sold in a period. It is abbreviated as COGS.

The cost of goods sold is calculated using the formula

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In this case:

Beginning stock = $60,000

Ending stock =$50,000

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COGS = $390,000

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3 years ago