Payable=outcome
receive=Income
Answer:
b. $25,000
Explanation:
For computing the pension liability amount, we need to do apply the formula which is shown below:
= Projected benefit obligation - Fair value of plan assets
= $103,000 - $78,000
= $25,000
The net periodic pension cost and the employer's contribution is not relevant. So, these items are ignored and hence not included in the computation part.
The excess amount is shown as a pension liability.
Answer:
The Earned Income credit
Explanation:
Many economists choose the earned income credit (EIC) over the increase in minimum wage because it avoids deadweight losses. Deadweight losses results when supply are demand are not in equilibrium (Market Inefficiency). Increases in minimum wages invariably leads to increase in prices of market goods which are overpriced. This leads to market Inefficiency.
So in trying to help low income earners, many economists choose the EIC over just increasing minimum wage.
The earned Income Credit helps certain tax payers with low incomes from work in a particular tax year. It reduces the amount of tax owed and may result in a refund to the tax payers if the amount of credit is greater than the amount of tax owed.
Answer: The correct answer is "3. platform project".
Explanation: This project is a platform project for Coolers Inc. because the change of voice sensors instead of remote controls or manual operations represents a change of platform for their products in which they have improved their technology.
