Answer:
The market value of shareholders’ equity is $16,367
Explanation:
In this question, we are asked to calculate the residual value owed to shareholders.
We proceed as follows:
Firstly, we identify the following;
Amount payable to creditors = $33,333
Market value of assets = $49,700
Mathematically,
Market value of shareholders equity = Market value of assets - Amount payable to creditors = $49,700 - $33,333 = $16,367
The stock market is where shares of public limited companies are traded. An example is the New York stock exchange.
Answer:E. Task Identity
Explanation: Task identity is a term used to describe the distribution of the various stages of a task to separate individuals in order for each person to have a clear focus on his or her own task.
Task Identity is one of the five parts of job characteristics which includes,skill variety, task identity, task significance, autonomy and feedback. Task identity ensures that each person is identified According to the task he or she is involved in.
Answer:
$331,500
Explanation:
The computation of the ending balance of the pension benefit obligation is shown below:
= Opening balance of PBO + service cost + interest cost - pension benefits
= $265,000 + $80,000 + $26,500 - $40,000
= $331,500
The computation of the interest cost is shown below:
= Opening balance of PBO × discount rate
= $265,000 × 10%
= $26,500
The increased value of the plan assets would be ignored.
1. a large number of buyers and sellers
2. an identical or a homogeneous product
