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3 years ago

On January 1, 2014, Harrington Company has the following defined benefit pension plan balances.

Business

1 answer:

Brilliant_brown [7]3 years ago

6 0

Answer and Explanation:

a. The pension worksheet for the pension plan for the year 2014 and 2015 is presented on the excel spreadsheet

b. According to the scenario, The journal entry is

Journal Entry:-

Pension expenses A/c Dr. $450,640

Other comprehensive income (gain/loss) A/c Dr. $99,360

Other comprehensive income (prior service cost) A/c Dr. $410,000

To pension assets & liabilities A/c $675,000

To Cash A/c $285,000

(Being the pension expense is recorded)

For recording this we debited the pension expense, other income, gain or loss as it increased the expenses reduced the income and credited the cash and assets and liabilities because it reduced the cash and recognize the pension assets and liabilities

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Which of the following statements is true about marginal revenue?

shutvik [7]

Answer: Option B

Explanation: Marginal revenue is the additional revenue from selling one more unit.

A. Marginal revenue equals zero means there is no additional revenue from selling one more unit, the demand could be positive.

B. Negative marginal revenue shows that the revenue earned from selling additional unit is less than the additional unit sold before.

C. Positive marginal revenue shows that the revenue earned from selling additional unit is more than the additional unit sold before.

D. Marginal revenue increases when price and quantity both increases.

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3 years ago

Purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states can have an impact on a consu

quester [9]

Answer:

<u>Situational Influences </u>

Explanation:

Situational influences refer to those situation or state conditions which influence a buyers behavior. Physical, social and time factors or buyers own moods, affect a buyers buying habits i.e what the buyers buy and the quantity of purchases.

Physical surroundings refer to the physical situation of the buyer i.e the effect of location of the store, the design of the store etc.

Social surroundings refer to the effect of people who surround the buyer while he is considering a purchase.

Temporal effects refer to temporary or time bound situation of the buyer which relates to the time of the day a buyer visits the store.

Antecedent states refer to the pre existing state of mind of the buyer.

Collectively, these comprise situational influences in consumer buying decision process.

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2 years ago

Ramon incorporated his sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100

olasank [31]

Answer:

Ramon’s basis in the stock he receives in his corporation is $84,000

Explanation:

The computation of Ramon’s basis in the stock received in his corporation would be $84,000 as this amount reflect the adjusted basis of the assets transferred to the corporation.

These assets include inventory, building, and land. So, the total amount of the total assets would be received i.e based on an adjusted basis, not the fair market value

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2 years ago

Using an ICD-10-CM code book, assign code(s) for the following diagnosis: Alcohol induced delirium tremens

kobusy [5.1K]

The ICD 10-CM code for Alcohol induced delirium tremens is F10. 921.

It should be noted that ICD 10-CM simply refers to the international classification of diseases.

In this case, the ICD 10-CM code for Alcohol induced delirium tremens is F10. 921.

Learn more about ICD 10-CM on:

brainly.com/question/25790048

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8 0

1 year ago

Each of two stocks, C and D, are expected to pay a dividend of $3 in the upcoming year. The expected growth rate of dividends is

Stels [109]

Answer:

Intrinsic value of Stock C is 300

Explanation:

given data

expected pay dividend = $3

growth rate of dividends = 9%

stock C require a rate of return = 10%

stock D require a rate of return = 13%

solution

we get here intrinsic value by the DDM method

intrinsic value = Upcoming Dividend ÷ ( Required rate of return - Growth rate of stock ) .................1

intrinsic value = $\frac{3}{(0.10-0.09)}$

intrinsic value = $\frac{3}{0.01}$

intrinsic value = 300

so intrinsic value of Stock C is 300

8 0

3 years ago