Answer:
$118,000
Explanation:
Calculation to determine what Crane should report a pension asset / liability
Fair value of plan assets $740,000
Less Projected benefit obligation ($ 622,000)
Pension asset / liability $118,000
($740,000-$622,000)
Therefore Crane should report a pension asset / liability of $118,000
<span>how would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold ?
C) The supply of smartphones would decrease.
Excise taxes are based on the quantity of an item and not on its value. For example, the federal government imposes an excise tax of 18.4 cents on every gallon of gas purchased, regardless of the price charged by the seller. States often add an additional excise tax on each gallon of fuel.
so, government will charged 5.00$ excise tax on smartphone will affected supply of smartphones would decrease.</span>
It is A. i think...........
Answer:
a. $118,000
Explanation:
When preparing a cash flow statement, using indirect method we add decrease in current assets and we deduct increase in current assets.
Here it is provided that income reported = $110,000
Opening balance of accounts receivables = $40,000
Closing balance of accounts Receivables = $32,000
Change in Accounts receivables = Closing - Opening = $32,000 - $40,000 = - $8,000
Therefore there is decrease in accounts receivables which is a current asset.
Thus Cash Flow from operating activities
Net Income = $110,000
Add: Decrease in current assets = $8,000
Net cash flow from operating activity = $118,000
Correct option is
a. $118,000
Answer:
$5 million
Explanation:
If we follow the Coase Theorem, the appropriate solution to this case should be obtained regardless of initial rights. In this case, the factory saves $5 million to the producer, but it costs $10 million to Boston residents. if Boston residents pay $5 million or more to the factory owner, then both would benefit. Boston residents will gain $10 - $5 = $5 million, as well as the factory owner.
