Help!!!!<br><br><br> please!!!!!!

Martinez Corp. has the following beginning-of-the-year present values for its projected benefit obligation and market-related va

Reptile [31]

Answer:

2020 $11,700

2021 $8,080

2022 $14,040

Explanation:

PBO = Projected benefit Obligation

PA = Plan Asset

Acc. OCI = Accumulated OCI Gain / Loss

Min. Amort loss = Minimum Amortization of Loss

Year : PBO ; PA ; Corridor 10% ; Acc. OCI ; Min. Amort loss

2019 : $2,340,000 ; $2,223,000 ; $234,000

2020 : $2,808,000 ; $2,925,000 ; $280,800 ; $397,800 ; 11,700

2021 : $3,451,500 ; $3,042,000 ; $345,150 ; $264,350 ; 8,080

2022 : $4,212,000 ; $3,510,000 ; $421,200 ; $280,800 ; 14,040

6 0

4 years ago

If a customer at a Target store brings a purchase to checkout, and the item is not priced, the clerk at the register can ask the

pshichka [43]

I have no idea sorry man

7 0

3 years ago

Tiffany owns a health club and contracts to buy a set of weights from Dylan for $10,000. Dylan is hurting financially, so he cha

Alla [95]

Answer:

True

Explanation:

Dylan's alteration of the contract terms automatically discharges (terminates) the contract, since the consideration was changed. Dylan's consideration remained the same, providing some set of weights, but Tiffany's consideration was wrongfully and illegally changed by Dylan($18,000 instead of $10,000), so the contract is terminated.

6 0

3 years ago

The following statements regarding merchandise inventory are true except: Multiple Choice Merchandise inventory refers to produc

seraphim [82]

Answer:

Merchandise inventory appears on the balance sheet of a service company.

Explanation:

A service company sells services, not goods. Services are intangible, therefore they cannot be stored, so there cannot exist an inventory of unused services.

Merchandise inventory includes the goods that a business owns and will try to sell, and buying and selling them is part of the business's normal activities. The cost of the goods included in the merchandise inventory may include freight costs and packaging costs, depending on what type of product they are selling. Merchandise inventory is a current asset account.

8 0

3 years ago

Corristan Company purchased equipment and incurred these costs: Cash price $24,000 Sales taxes 1,200 Insurance during transit 20

galben [10]

Answer:

$25,400.

Explanation:

International Accounting Standard 16 states that any Property, Plant, and Equipment should be initially recognized at a cost that includes all the costs that are necessary to bring the asset to its working condition. Example of such costs include:

- Purchase Price.

- Delivery Charges.

- Sales Taxes Paid, if any.

- Deduct Discounts, if any.

- Installation Costs.

- Dismantling Cost.

- Any other Directly Attributable Costs.

The standard further states that any periodic cost should be written-off to Profit or Loss as incurred. Such costs include Maintenance Costs. These are the costs that are not necessary to bring the asset to its intended use.

So in this case, the cost that should be capitalized is $25,400 (24,000 + 1,200 + 200).

Note: The insurance costs of $400 has been capitalized because it was incurred for Transit Purposes and before the asset was prepared for use.

5 0

3 years ago

Help!!!! please!!!!!!