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Alina [70]
3 years ago
14

Gerhard Company sponsors a defined benefit pension plan. At the end of the current fiscal year, the related pension plan assets

have a fair value of $2 million, the ABO is $1.5 million, and the PBO is $2.2 million. Gerhard's pension plan is
Business
1 answer:
weqwewe [10]3 years ago
4 0

Answer:

$200,000 underfunded

Explanation:

Calculation for Gerhard's pension plan

Using this formula

Pension plan =Fair value -PBO

Let plug in the formula

Pension plan=$2 million-$2.2 million

Pension plan=$200,000 Underfunded

Therefore Gerhard's pension plan is Underfunded by the amount of $200,000

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Answer:

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Explanation:

Marketing research are the processes that are used to connect consumers and manufacturers to marketers. Infornation is used to generate, refine, and evaluate potential marketing actions. It is used to evaluate marketing mix and how changes affects the consumer's behaviour.

General Mills used marketing research to identify ways to grow the brand, promote it, and evaluated plans to market it. Due to increased demand for organic and natural foods.

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Fiesta28 [93]

Answer:

c. 60 on the sales floor, 24 on the register.

Explanation:

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What is the primary objective for a for-profit business
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Answer:

the primary objective, or purpose of a for-profit business is to maximize profits for the owners while maintaining corporate social responsibility.

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3 years ago
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Which of following is a TRUE statement about inventory within a continuous review system?
garri49 [273]

Answer:

c. When ordering or setup costs increase, Economic Order Quantity increases

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In inventory there are two types of review systems used to replenish stock, the periodic inventory and continuous inventory.

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