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jeyben [28]
3 years ago
9

You live in Atlanta, GA and work for a company which has multiple locations nationwide. The owner of the company tells you on a

Friday that you need to compile and present some information to the San Francisco, CA office on Monday.
What would be the most economical and responsible thing for you to do?
Business
1 answer:
quester [9]3 years ago
6 0

Answer:

(B)Create an online presentation that can be shared with the members of the SanFrancisco office and present your finding to them remotely.

<u>Multiple -choices</u>

(A)Hop on a plane Friday night and fly to San Francisco so you can have time to

explore the city and share the information with their office on Monday morning.

(B)Create an online presentation that can be shared with the members of the SanFrancisco office and present your finding to them remotely.

(C)Collaborate with your peers in the Atlanta office all weekend, and then take the

red eye

flight to San Francisco on Sunday night in order to be there to present your

findings on Mondayimorning.

(D)Share the Excel spreadsheet with the team leader in San Francisco and tell him

to make the presentation for you

Explanation:

The term economical refers to using few resources or efficient use of the available resources. Economical in this passage refers to spending as little resources as possible.

The use of technology presents the most economical way of delivering this presentation. Instead of traveling all the way to Francisco, one can prepare an online presentation and present it remotely. Traveling will incur expenditure on air tickets, accommodation, and meals. Advanced technology has made online presentation equally good as other meetings due to their real-time interactive abilities. An online meeting will save time, money, and unnecessary fatigue.

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On January 1, 2018, Burleson Corporation’s projected benefit obligation was $48 million. During 2018 pension benefits paid by th
aleksklad [387]

Answer:

$59.8 million.

Explanation:

At the beginning of the year, the Projected Benefit Obligation (PBO) was $48 million, however, during the year this amount was affected by several factors that are explained in the problem statement: the service cost ($13 million), the interest costs (defined by a discount rate of 10%) and the pension benefits paid by the company ($6 million).

To understand how it was modified exactly, first, we will do a theoretical analysis and then present it more <em>graphically</em> as a financial statement.

1. Theoretical analysis

Firstly, a Projected Benefit Obligation (PBO) is a measure that reflects how much a company needs at the present time (December 31, 2018) to cover future pension liabilities. We know that the year began with a PBO of $48 million. However, this amount must be added to the service costs ($13 million), which is the increase in the present value of the liabilities, because the employees have completed another year in the company and that implies an increase in their pension credit.  

Therefore, so far, the PBO at December 31, 2018 is $61 million. To this amount must be added the interest cost which is the annual interest amount on the unpaid balance of the PBO. In this case, an interest rate of 10% is handled. Therefore the amount of interest is equal to $48 million (original PBO) * 10% = 4.8 million.

So far, the PBO at December 31, 2018 is $61 + $4.8 = $65.8 million

Finally, the pension benefits paid by the trustee during 2018 should be subtracted, since they are a partial payment of the PBO.

Therefore, we have: $65.8 - $6 = $59.8

2. As a financial statement.

                                                 Pension obligations

                                   Year Ended At December 31, 2018

Change in benefit obligations

Beginning PBO                                          $48

Service cost                                               $13    

Interest cost                                               $4.8

Benefits paid                                             ($6.0)

Ending PBO                                               $59.8

6 0
3 years ago
The full-production level of our economy implies ____.
drek231 [11]
Food because food is life
3 0
3 years ago
Use your knowledge of balance sheets, what are the total liabilities and retained earnings in the text below, respectively? ASSE
Vera_Pavlovna [14]

Answer:

B) 280,000; 200,000

Explanation:

Assets = Liabilities + Shareholder Equity

Assets:

Cash                              $50,000

Accounts receivable    $80,000

Inventory                     $100,000

Gross P&E                   $730,000

<u>depreciation               ($130,000)</u>

total                          = $830,000

Liabilities:

Accounts payable         $12,000

Notes payable              $50,000

<u>Long-term debt           $218,000 </u>

total                          = $280,000

Equity = $830,000 - $280,000 = $550,000

Common stock            $100,000

Add. paid-in capital    $250,000

Retained earnings = $550,000 - $100,000 (common stock) - $250,000 (APIC) = $200,000

3 0
3 years ago
The Planning process team is progressing. The team has involved a number of expert opinions in trying to approximate the costs n
Andrei [34K]

Answer:

Chart of accounts.

Explanation:

Chart of account set up the codes which is used to determine the project cost. Under chart of account each account is assigned unique number and name. Example of chart of accounts include balance sheet accounts, asset accounts, liability accounts, revenue accounts, expenditure accounts, etc.

Chart of account is usually used by an organization to show that what amount of money is received or spent by each class of items. By segregating expenditure, revenues, liability, assets, etc. it provide better understanding to an organization about financial health.

8 0
3 years ago
Which practice places citizens under absolute state control?
denpristay [2]
Totalitarianism places citizens under absolute state control
5 0
3 years ago
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