1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
myrzilka [38]
3 years ago
14

Kraft, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2013.

Service cost $ 250,000 Contributions to the plan 220,000 Actual return on plan assets 180,000 Projected benefit obligation (beginning of year) 2,400,000 Fair value of plan assets (beginning of year) 1,600,000 The expected return on plan assets and the settlement rate were both 10%. The amount of pension expense reported for 2013 is
Business
1 answer:
Drupady [299]3 years ago
8 0

Answer:

The amount of pension expense reported for 2013 is $330,000

Explanation:

In order to calculate the amount of pension expense reported for 2013 we would have to use and calculate the following formula according to the given data:

amount of pension expense reported for 2013= $250,000 + ($2,400,000 × 0.10) - ($1,600,000 × 0.10)

amount of pension expense reported for 2013= $330,000

The amount of pension expense reported for 2013 is $330,000

You might be interested in
Which of the following is the best definition of marketing research? A) The process of analyzing secondary information and provi
Marina86 [1]

Answer:

The correct answer is D) The process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem.

Explanation:

The definition of marketing research is process of gathering, analyzing and interpreting information about a market, about a product or service to be offered for sale in that market, and about the past, present and potential customers for the product or service; research into the characteristics, spending habits, location and needs of your business's target market, the industry as a whole, and the particular competitors you face

5 0
3 years ago
What are jad and rad, and how do they differ from traditional fact-finding methods? what are the main advantages of team-based m
mezya [45]
<span>JAD, joint application development, is a joint process that uses both the user and IT together to create the application. RAD, rapid application development, is similar to JAD but is much faster and takes far less time. Both are fast methods and can save cost for a company. With JAD it is likely to get a more quality product due to the involvement of the user in creating the application.</span>
3 0
3 years ago
You are waiting at a bus stop and the woman next to you is crying. You wonder why is so and make deduction that she cries becaus
Vinil7 [7]

Answer:

deduction theory cause your assumption was based on your instincts and it may not actually be the reason why the woman was crying

6 0
3 years ago
using a perpetual inventory system, what is recorded when a customer returns a product and gets the cash back and the product is
likoan [24]

A credit to cash, a debit to sales returns and allowances, a credit to inventory, and a debit to cost of goods sold are all recorded.

Perpetual inventory, commonly referred to as continuous inventory, is an inventory management system that uses software to automatically and constantly record each stock movement (such as purchases, returns, consumptions, and write-offs), keeping the system current at all times.

This contrasts with the need to manually update the system on a regular basis when utilizing spreadsheets or paper-and-pencil alternatives.

Barcodes, POS systems, radio frequency identification, and real-time reporting are used by perpetual inventory systems like MRP, ERP, or WMS software to track inventory movements and build a virtual trail of each transaction occurring in the physical inventory. This makes it possible to perform extremely accurate real-time inventory accounting, giving the business a current cost of goods sold at all times.

To learn more about perpetual inventory system from given link

brainly.com/question/25014592

#SPJ4

3 0
1 year ago
you are a manager of a large business enterprise. explain how you would address issues of equality respect and dignity in your b
irina [24]
<span>As a manager of a large business enterprise, I will address the issue of equality, respect and dignity in my business by employing the following tactics: [1] I will dutifully informed everyone in the company about the respect for co-worker policy of the company and the penalties for the offenders. [2] I will take the pain to always listen to the compliant any one has about a colleague and find ways of resolving the issue. All complain will be investigated with equal diligence. [3] I will regularly organize training seminars that aim at improving the mutual understanding among workers. [4] I will adopt a zero tolerance policy concerning workers who disrespect their colleagues. These techniques will help to enforce respect, dignity and equality among my workers.</span>
3 0
4 years ago
Other questions:
  • At the end of Year 1, Swanson Corporation has $650,000 in current assets and $500,000 in current liabilities. During Year 2, the
    10·1 answer
  • Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i
    11·2 answers
  • Michelle symonds suggested a set of seven deadly sins of project management, that is, the common mistakes that companies commit
    12·2 answers
  • The following information is provided by Doppler SystemsProject A Project B Project C Project DInitial investment $426,000 $214,
    6·1 answer
  • A firm called Can't Be Stopped, Won't Be Stopped uses process costing to determine the cost of inventory. All direct materials a
    15·1 answer
  • Taco bell over the years has established multiple locations across the U.S. and the abroad. Because of the large number of store
    9·1 answer
  • Explain Jodi's self esteem throughout Tall Girl? Movie
    9·2 answers
  • On January 2, 20X3, Kean Company purchased a 30 percent interest in Pod Company for $250,000. Pod reported net income of $100,00
    11·1 answer
  • G Obligations to be paid within one year or the company's operating cycle, whichever is longer, are:
    9·1 answer
  • Ayesha Is Interested in fashion and already knows how to sew. She gets a part-time job in a shop, working on clothes so they pre
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!