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3 years ago

QUICK!! FiRST PERSON TO ANSWER THIS CORRECTLY GETS BRAINLIES

Business

1 answer:

FrozenT [24]3 years ago

6 0

Answer:

I belive it's A.

Explanation:

Becuase often times, they collect and file and that was the only one that really made sense to me. Let me know if im wrong though.

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On January 1, 2018, Tiffany Academy instituted a defined benefit pension plan for its employees. The annual service cost for eac

Goryan [66]

Answer:

$593,440.00

Explanation:

Calculation to determine What net pension liability should Tiffany report in its balance sheet for the year ended December 31, 2019

First step is to Compute the Interest Cost for 2019

Balance of Projected benefit Obligation on January 1, 2019 600,000.00

Interest Cost for 2019 (600000*10%) 60,000.00

Second step is to Balance of Plan assets on January

Beginning Balance of Plan Assets as on Jan 1, 2018 $

Funding on Jan 1, 2018 400,000.00

Asd Actual return on December 31, 2018 (400000*8%) 32,000.00

Balance of Plan assets on December 31,2018 432,000.00

Add Current Funding on Jan 1, 2019 400,000.00

Balance of Plan assets on January 1, 2019 832,000.00

Third step is to Compute the Actual return for 2019

Actual return on December 31, 2019 (832000*8%) 66,560.00

Now let Compute The PENSION EXPENSE for the year 2019 $

Service cost 600,000.00

Add Interest cost (600000*10%) 60,000.00

Less Expected return on the plan assets (66,560.00)

(832000*8%)

Pension Expense for the year ended December 31, 2019 593,440.00

Therefore the net pension liability that Tiffany should report in its balance sheet for the year ended December 31, 2019 is $593,440.00

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3 years ago

The degree of financial leverage for ABC Inc. is 2.5, and the degree of financial leverage for XYZ Corporation is 1.5. According

trapecia [35]

Answer:

a. ABC Inc.

Explanation:

The degree of financial leverage is expressed by the following formula,

= $\frac{EBIT}{EBT}$

The ratio represents the relationship between net operating profits and profits after financial fixed costs.

Higher the degree of financial leverage, higher will be the financial risk.

In the given case, ABC Inc.'s degree of financial leverage is higher which suggests that ABC has employed more of debt in it's financial structure owing to which higher fixed cost obligations in the form of interest payments have been created.

Thus, ABC Inc. will have a greater financial risk.

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3 years ago

Read "electricity and the environment.â what is one major benefit that came from the clean air act

aliya0001 [1]

The Clean Air Act is a law enacted by the federal government which is designed to control air pollution.
One major benefit of the Clean Air Act is the control of emissions which reduce air pollution and promote air quality and its associated health benefits, such as reduction in the number of deaths caused by particulate matters.

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Which type of communication takes place in the absence of words? communication refers to communication that takes place without

Brut [27]

Non-verbal communication - visual cues, body language, eye contact, touch, blinking, glances, etc.

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3 years ago

Why is one dollar now worth more than one dollar in the future?

Galina-37 [17]

Because then there will be a limited amount of supplies and resources on Earth, so the value will be rare and expensive.

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