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11Alexandr11 [23.1K]
3 years ago
7

A pension plan which promises employees a fixed annual pension benefit, based on years of service and compensation, is called a(

n)
Business
1 answer:
Liula [17]3 years ago
5 0

Answer:

Defined benefit plan

Explanation:

The defined benefit plan is the benefit pension plan that could be funded by the employers and also called as the retirement plan of an employer sponsored in which the benefits are to be determined on different kind of factors

So as per the given situation, it is a defined benefit plan

Hence, the same is to be considered

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In order to better compare/contrast costs of living in the various environments gnp/gdp may be adjusted to:
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The answer is Purchasing power parity or the PPP. PPP is a hypothesis which expresses that trade rates between monetary forms are in balance when their acquiring power is the same in each of the two nations. Relative acquiring power equality is a financial hypothesis which predicts a connection between the swelling rates of two nations over a predetermined period and the development in the conversion standard between their two monetary forms over a similar period. It is a dynamic rendition of the total PPP hypothesis.
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3 years ago
Projecting that it might temporarily fall short of legally required reserves in the coming days, the Bank of Beano decides to bo
katrin [286]

Answer:

D. discount rate.

Explanation:

  • There are two different definitions for the discount rate. It refers to commercial banks and other institutions for loans taken from the Federal Reserve Bank through the discount window loan process.
  • Another definition of interest rate discount is the one used in discounted cash flow analysis to determine the present value of future cash flows.

so correct option is D. discount rate.

6 0
3 years ago
Suppose a piece of plant equipment that PepsiCo put into service on January 1, 2014, at a total cost of $300,000 with an expecte
Iteru [2.4K]

Answer:

Juen 30 2018 Cash                                                  $60000 Dr

                       Accumulated Depreciation              $216000 Dr

                       Loss on Disposal-Plant Equipment  $24000 Dr

                                   Plant Equipment                           $300000 Cr

Explanation:

The sale of an asset requires a firm to write off that asset from the books at cost. The writing off would require the credit to the asset account at cost along with a debit to the accumulated depreciation account that is created against this asset.

We also calculate the gain or loss on disposal of asset. An asset has a gain on disposal if the cash received from its sale is more than its carrying value and vice versa.

Carrying Value = Cost - Accumulated Depreciation

Carrying value = 300000 - 216000 = $84000

The asset loss on disposal = 60000 - 84000 = 24000 loss

We debit the loss on disposal and cash received from sale to complete the journal entry

7 0
3 years ago
In addition to the above costs, if Quirch produces part PQ107, it would have a retooling and design cost of $9,800. The relevant
dem82 [27]

Answer:

$149,000

Explanation:

Computation for the relevant costs of producing 2,400 units of product PQ107 internally

Using this formula

Relevant Costs = Incremental Costs = Incremental Variable Costs + Incremental

Let plug in the formula

Relevant Costs = [(2,400 units × $31/unit) + (2,400 units × $19/unit) + (2,400 units × $8/unit)] + $9,800

Relevant Costs=$74,400+$45,600+$19,200+$9,800

Relevant Cost =$149,000

Therefore the relevant costs of producing 2,400 units of product PQ107 internally are $149,000

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3 years ago
Chris is examining the broad stream of social and historical events that have occurred over the past 50 years and pondering the
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<span>Sociological imagination. which is applying imaginative thought to creating and answering sociological questions. The term was coined by the American sociologist C. Wright Mills in 1959. It can be used in daily life. Simply looking at any event, issue, or activity using a different perspective is sociological imagination</span>
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3 years ago
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