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Alina [70]
2 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]2 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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How does a merchandising business act as a collection agency for the state government?
ExtremeBDS [4]

Answer:

Charging Sales tax

Explanation:

Merchandising business is the kind of business, that buys or purchases the finished products and then resells them to the customers.

So, the merchandising business could act as a collection agency for the government through charging the sales tax. There is need to remit the government after collecting the tax and when it is done, the business will decrease the cash and the sales tax liability.

And it is the lability to the government until it is remitted by the business.

5 0
2 years ago
Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $70. Limit Buy
harkovskaia [24]

Answer:

<u><em>$69.80</em></u>

Explanation:

Note, a market order is an order designed to execute an order immediately by <em>matching the best available price</em> on the sell order list.

When we look carefully at the sell order book, we observe that the only sell order containing the specified quantity of 120 units of shares at a price close to the market price is <u>$69.80.</u> Even though there are other cheaper orders are available, their order quantity does <em>not </em>match the market buy order for the 120 shares and thus would not be filled.

7 0
2 years ago
Calculate marginal cost
Vsevolod [243]

Answer:

Ok but where is the question?

6 0
2 years ago
The security model for Universal Containers in Private for the Case object. When a support case is raised by a user with the Cus
vodomira [7]

Answer:Share group

Explanation:

A share group is a professional peer group of individual from NGA member companies. These meeting provide the opportunity for like segments in the independent grocery industry to meet in person, problem solve, swap ideas and help non competing industry partners.

3 0
2 years ago
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production
madam [21]

Answer:

Equivalent units of production= 746,000 units

Explanation:

Giving the following information:

Units completed 620,000 100%

Ending Work in Process 180,000 70%

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 620,000 + (180,000*0.7)

Equivalent units of production= 746,000 units

7 0
2 years ago
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