Answer:
B. It would increase each year by 3 percent.
Explanation:
Given
Pension = $50,000 in first year
Increment = 5%
Inflation = 2%
Inflation doesn't only affect the value of an investment, it also influence the liabilities of a pension fund.
Consider a pension plan which gives a worker a benefit based on final average salary; A slight increase in the inflation would reduce the worker's real benefits in the years after retirement.
So, instead of Terry's pension to increase by 5% each year,
It'll increase by 3%
This is calculated by subtracting the inflation rate from the real increment rate.
5% - 2% = 3%
Answer:
c. No; the facts of this situation do not provide reasonable grounds for a stop and search. Any attempt to do so by store security could result in a claim of false imprisonment.
Explanation:
According to the situation described in the question above, store security has no right to stop and search for Jeff. Therefore, the letter c is the most correct answer to this question.
Jeff's actions in the store do not provide sufficient reasons for there to be any kind of stop and research, as the facts in the situation do not provide enough information about an illegal act, so if store security forces a situation there could be legal damage to the store .
Therefore, it is essential that stores adopt a theft prevention strategy, with an effective security system and a team prepared to carry out correct approaches.
Answer:
Explanation:
The journal entry is shown below:
Treasury Stock A/c Dr $90,000
To Cash A/c $90,000
(Being treasure stock is purchased for cash)
The computation is shown below:
= Treasury shares purchased × value per share
= 3,750 shares × $24
= $90,000
We simply debited the treasury stock account and credited the cash account so that the correct posting can be done
<span>A certificate of deposit has the lowest liquidity because the money that is deposited is normally inaccessible during the term of the certificate. As liquidity refers to the availability of accessing the funds outside of the investment schedule, a certificate of deposit cannot be loaned against, cashed out, nor does it pay out any interest or dividends until the certificate reaches its maturity date.</span>