Answer:
The amount of the projected benefit obligation at December 31 was $ 38.34 million
Explanation:
According to the given data, we have the following:
Beginning PBO= $29.4 million
Service cost= $9.4 million
The actuary's discount rate was 10%, hence Interest cost (10% x $29.4 million)= $2.94 million
Also, there is a Loss (gain) on PBO=$0
, and pension benefits paid by the trustee were $3.4 million.
Therefore, to calculate the amount of the projected benefit obligation at December 31 we would have to use the following formula:
Ending PBO=Beginning PBO+Service cost+Interest cost-pension benefits
=$29.4 million+$9.4 million+$2.94-$3.4 million
=$38.34 million
<span>Changes in any sector of the general environment will affect most organizations. These changes usually take place in areas such as political, economic, technological or sociocultural segments. Organizations must adapt to these changes or they will risk losing money or consumers. These changes do not always directly effect organizations that is why they may take a while before they harm or benefit a organization.</span>
The ADA protects a person who is regarded (or treated) by an employer as if he or she has a substantially limiting impairment, even if he or she has no impairment or has only a minor impairment, particularly if the employer acts based on myths, fears, or stereotypes about a person's medical condition.
The Rehabilitation Act makes it illegal to discriminate on the basis of disability in programs conducted by Federal agencies, in programs receiving Federal financial assistance, in Federal employment, and in the employment practices of Federal contractors. The standards for determining employment discrimination under the Rehabilitation Act are the same as those used in the Americans with Disabilities Act.
The population is the 10,900 respondents to the American Time Use Survey.
Explanation & Solution:
Statistics indicate that a large number of findings with similar features are related to in the population.
A sample is a subset from which it has been extracted.
"The American Time Usage survey for 2015 provides details about how many minutes of sleep every evening are assigned to each of 10,900 survey respondents.
An SRS of 100 participants (a plain random sample) has x = 514.4 minutes on average.
The size of the U.S. Time Utilization Survey is 10,900.
False, Nathan should not include this in his budget.
When budgeting, there are several things that one should include such as:
- net income
- debt repayments
- food
- utilities
- insurance
- savings and others
Notice how one should include their net income not their gross income. Net income is what comes after tax and this is the disposable income that a person has and can spend from.
In conclusion, Nathan should only include his net income and as this commission is before taxes, he should not include it.
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