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
salantis [7]
3 years ago
5

Presented below is pension information related to MJ Inc. for the year 2021: Service cost $410,000 Interest on projected benefit

obligation 270,000 Interest on vested benefits 120,000 Amortization of prior service cost due to increase in benefits 60,000 Expected return on plan assets 90,000 Actual return on plan assets 100,000 The amount of pension expense to be reported for 2021 is
Business
1 answer:
lara [203]3 years ago
5 0

Answer:

$650,000

Explanation:

Calculation to determine what The amount of pension expense to be reported for 2021 is

Service cost $410,000

Add Interest on projected benefit obligation $270,000

Add Amortization of prior service cost due to increase in benefits $60,000

Less Expected return on plan assets ($90,000)

2021 Pension expense to be reported $650,000

($410,000+$270,000+$60,000-$90,000)

Therefore The amount of pension expense to be reported for 2021 is $650,000

You might be interested in
PLLZZ HELLLP DUE IN 1 MINNNN
Helen [10]

Answer:

A is the correct answer I think hope this helps

5 0
2 years ago
Read 2 more answers
Cash flows from investing activities include: Multiple Choice Cash outflows from acquiring land. Proceeds from the issuance of c
SOVA2 [1]

Cash flows<em> from investing</em> activities contain the following things and include:

  • Cash outflows from acquiring land

According to the given question, we are asked to state what the cash flow from investing activities contains based on the list of available choices.

As a result of this, we can see that cash flows which are gotten from investing activities includes the cash that has either been made or spent on a fixed asset like land or properties that are expected to generate profit in the future.

Therefore, the correct answer is Cash outflows from acquiring land

Read more cash flows here:

brainly.com/question/735261

4 0
2 years ago
Suppose this monopolist can price discriminate across its customers and sets 2 prices in the market. Let P M represent the stand
Orlov [11]

Answer:

hello your question is incomplete attached below is the missing part

answer: Pd = 1658 , Qd = 42

Explanation:

The monopolist will choose a discount price of ( Pd ) = 1658 and sell 42 units of the good in the discount market

since the standard price is at $1800 and the Qm ( standard monopoly quantity) is at 200 for the Monopoly to be profitable the amount of good to be sold to customers with reservation prices greater than or equal to standard price should be greater than the good offered at discount price and also the discount price after using a coupon should be lower than the standard price (Pm)

5 0
3 years ago
When oil prices go up, we tend to see less investment by consumers in _____________________.
balu736 [363]
Larger vehicles with larger motors because they use oil whereas electric cars run on electricity,biofuels refers to oils if people invest to extract it they can earn money,solar energy is free and doesn’t require anything. Hence, people tend to spend less on larger machines with larger motors.
7 0
2 years ago
Read 2 more answers
Which type of company enjoys the benefit of passing along deductions and credits of the company on to partners to file on their
Oksi-84 [34.3K]

Answer:

The correct answer is Limited Liability Partnerships.

Explanation:

A Limited Liability Company is a type of mercantile company, in which the liability is limited to the capital contributed, and therefore, in the event that debts are incurred, it does not respond with the personal assets of the partners, but to the one contributed in said Limited company. It presents as a capitalist-type society in which capital, which will be divided into social interests, will be integrated by the contributions of all partners, who will not respond personally to social debts.

Social ACTIONS are not equivalent to the actions of corporations, as there are legal obstacles to their transmission. In addition, they do not have a "value" character and cannot be represented by means of securities or account entries, and their transmission by means of the public document that will be registered in the partner register book is mandatory. It will be constituted in a public deed and subsequently in the registration of the commercial register, at which time it acquires legal personality.

3 0
3 years ago
Other questions:
  • Florida schools offered cash bonuses to students who scored high on the state's standardized exams. The cash bonuses are an exam
    15·1 answer
  • Eric Company has the following information:
    13·1 answer
  • Economic value added:a. is a dollar amount rather than a percentage.b. is both a dollar amount rather than a percentage and uses
    14·1 answer
  • Lusk Corporation produces and sells 15,500 units of Product X each month. The selling price of Product X is $25 per unit, and va
    11·1 answer
  • Requiring segregation of duties in a business eliminates the need for the work of one employee to serve as a check on the work o
    15·1 answer
  • Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of u
    15·1 answer
  • A pension plan which promises employees a fixed annual pension benefit, based on years of service and compensation, is called a(
    7·1 answer
  • g Perfection purchased a 25% stake in Satisfactory for $486,000 on Jan 2, 2021. On Jan 1, 2021, Satisfactory had a book value of
    10·1 answer
  • Culver Corporation was organized on January 1, 2022. It is authorized to issue 22,800 shares of 6%, $50 par value preferred stoc
    12·1 answer
  • In a designed experiment, a(n) _____ measures the difference that a factor has on the response.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!