1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
defon
3 years ago
14

"A company has a defined benefit pension plan for its employees. On December 31, year one, the accumulated benefit obligation is

$45,900, the projected benefit obligation is $68,100, and the fair value of the plan assets is $62,000. What amount, if any, related to the defined benefit plan should be recognized in the balance sheet at December 31, year one
Business
1 answer:
tester [92]3 years ago
7 0

Answer:

$6,100

Explanation:

Data given in the question

Accumulated benefit obligation = $45,900

Projected benefit obligation = $68,100

Fair value of the plan assets = $62,000

So, by considering the above information, the benefit plan recognized is

= Projected benefit obligation - fair value of the plan assets

= $68,100 - $62,000

= $6,100

Hence, the accumulated benefit obligation is ignored

You might be interested in
What skills do you think an aircraft engineer would need to have?
Reil [10]
Probably engineering and probably airplanes
6 0
3 years ago
Read 2 more answers
Cool People publications focuses their marketing efforts on reaching African-American teenage girls. The firm believes that they
olya-2409 [2.1K]

Answer: Target Marketing

Explanation: In Target Marketing, a company focuses its attention on a particular group of people because it feels the needs of this group of people would be best met by a particular product or service it offers.

The company first breaks the market into segments, as can be seen in the question above, where Cool People has broken the market into segments and has chosen to focus on African-American teenage girls.

4 0
3 years ago
Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into ac
blondinia [14]

Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into account T<u>hey will standardize them whenever possible.</u>

<h3>What is Globalization?</h3>

The contact and integration of people, businesses, and governments around the globe is known as globalization (Commonwealth English; see spelling variations). Since the 18th century, globalization has accelerated due to advancements in communications and transportation technologies. The expansion of international trade and the sharing of ideas, beliefs, and cultures are both results of the increase in global relationships. The main function of globalization is an economic process of connection and integration that has social and cultural components. However, the history of globalization and contemporary globalization both include significant amounts of disagreements and international diplomacy.

Globalization affects the economy in terms of commodities, services, information, technology, and financial resources. The opening up of international marketplaces has a liberating effect on trade in products and money.

To learn more bout Globalization from the given link:\

brainly.com/question/17863739

#SPJ4

8 0
2 years ago
Assume that the yen/dollar exchange rate quoted in London at 3:00 p.m. is ×120 = $1, and the New York yen/dollar exchange rate a
Viefleur [7K]

Answer:

This question lacks answers

A. currency swap.

B. arbitrage.

C. backwardation.

D. straddle.

<u>The answer is </u><u>b.</u>

Explanation:

Arbitrage is a common practice used to gain profits from inefficient markets. Since most financial markets are inefficient by nature, dealers and similar business entities that have an interest in this kind of business practice.

The profit in arbitrage is based on the <u>imbalance in the two prices</u> on each market respectively. The term is mainly used for financial markets and various financial instruments (securities, bonds, currencies).

In the example above, the dealer becomes an arbitrageur by making a profit from the difference in the yen/dollar exchange rate in two markets (NY and London.)

8 0
3 years ago
Which of these increases the price of certain foreign-made goods?
nexus9112 [7]

An import tariff would increase the price of certain foreign-made goods.

7 0
3 years ago
Read 2 more answers
Other questions:
  • For Megan’s end-of-year performance appraisal, her supervisor solicited feedback from three of Megan’s coworkers, the manager of
    8·1 answer
  • Which model of decision making explains how managers should use logic to determine the optimal means of furthering the organizat
    6·1 answer
  • Strategic business units that have a relatively low market share but have the potential to grow are best categorized under _____
    7·1 answer
  • Praetorian Industries will pay a dividend of $2.50 per share this year and has an equity cost ofcapital of 8%. Praetorianʹs stoc
    10·1 answer
  • A music streaming service provides its customers with recommendations based on their past listening behavior. This is an example
    13·1 answer
  • The sole responsibility of management with regard to financial reporting involves preparing and presenting financial statements
    10·1 answer
  • Reacting to increasing public criticism and FTC scrutiny in the 1970s, the ad industry established the ________ to monitor poten
    6·1 answer
  • All of the following statements related to reporting cash flows from investing and financing activities are true except Multiple
    10·1 answer
  • Firms today are beginning to use techniques such as activity-based costing to more accurately allocate costs to customers based
    13·1 answer
  • Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!