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Ostrovityanka [42]
3 years ago
12

Belton electronics has a defined benefit pension plan for their 120 employees. they decided to amend the pension plan, resulting

in an increase of $1,450,000 to the projected benefit obligation. belton believes that 10% of the employees will leave the company by the end of the first year, 25% in the second year, 40% in the third year, and 25% in the fourth year. what is beltons cost per service-year if they use the years-of-service method?
Business
1 answer:
alina1380 [7]3 years ago
7 0
It must cover atleast 80% of the  employees
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If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a
SIZIF [17.4K]

The seller may inform the customer of the details by issuing a credit memo .

A credit note or credit memo is a commercial document issued by a seller to a buyer. A credit memo serves as the source document for the sales return journal. In other words, the credit is evidence of a decline in sales. A credit is a short form of term credit and is evidence of a reduction in the amount owed by the buyer to the seller on a previous invoice.

A document from the bank to the depositor may also indicate that the depositor's account balance is in a non-deposit event such as B. Collection of the depositor's exchange bill by the bank.

A credit memo lists the products, quantities, and agreed prices for products or services offered by the Seller to the Buyer but not returned or received by the Buyer. May be issued for damaged goods, errors, and repairs.

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4 0
2 years ago
Describe a scenario that forced you to wrestle with your values?
Trava [24]

Answer:

To use brainly or to not use brainly. I dont like cheating but sometimes I realy need help.

Explanation:

7 0
3 years ago
A variety of different savings products are offered by financial institutions. Two of the most frequently sold savings investmen
nadya68 [22]

Answer:

Statement Savings Account is said to be a deposit account held by a bank where a customer can earn interest .

In Statement Savings Account, the interest will be relatively low and there may be a possibility of restricted number of withdrawals.

In Statement Savings Account, the interest rate gained can either increase or decline overtime while putting into consideration the interests rate set by the federal reserve.

In Statement Savings Account,  a good number of this said savings investment offers debit cards which allows a customer to withdraw money via an ATM Machine or through electronic transfer.

In Statement Savings Account, there may be restrictions as regards the minimum account balance.

while

  • In Certificates of Deposit, there is a strict requirement of meeting a minimum account and not being able to execute withdrawals from the said account for a given duration.
  • In Certificates of Deposit, there is a significantly higher interest rate that that of a savings account.
  • In Certificates of Deposit, a penalty is put in place for initiating withdrawals prior maturity.
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3 0
3 years ago
The audit Mr. Chu is working on for a technology company is regulated. What does this mean?
Aliun [14]

It means that the technology company will use the audit results to analyze risks. Thus option A is correct.

<h3>What is Audit ?</h3>

Audit refers to the checking of financial records of the company in order to ensure that the records are systematic and accurate. It is very helpful for the outsiders such as creditors, shareholders, government agencies etc as it provides the accurate information about transactions.

Mr. Chu will analyse the financial statements of the technology company an conclude about the risk involved in the company. Thus it helps in analyzing the risk. Therefore, option A is correct.

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7 0
2 years ago
What is the expected rate of return on a bond that pays a coupon rate of 9% paid semi - annually, has a par value of $1,000, mat
spayn [35]

Answer:

b. 7.28%

Explanation:

This question is asking for the yield to maturity(YTM) of the bond. You can solve this using a financial calculator with the inputs below. Additionally, adjust the coupon payment(PMT) and time to maturity(N) to semiannual basis.

Time to maturity; N = 5*2 = 10

Face value; FV = 1000

Price of bond; PV = -1071

Semiannual coupon payment; PMT = (9%/2) *1000 = 45

then compute semiannual interest rate; CPT I/Y = 3.64%

Next, convert the semiannual rate to annual rate(YTM) = 3.64% *2

YTM = 7.28%

8 0
3 years ago
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