We had it and lost it due to the concepts that people thought businesses had to much free reign to do what they wanted so the government started passing regulations de facto giving the freedom that businesses had and making it power for the government.
Answer:
B
Explanation:
We are to find the present value of the annuity
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow each year from year 1 to 10 = $4,800
I = 5%
Present value = 37,064.16
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
Succession management
Explanation:
Succession management can be described as a process of identifying and training new individuals that will take on the role of new leaders. This is done inorder to replace the old leaders in the organisation when they eventually leave the company or retire.
Succession management is very essential because it helps to identify individuals that possess the right skills, experience and capabilities that is needed to move the organization to a higher level.
Succession management is very vital to ensure the continued success of the organization.
Answer:
c) $465,000
Explanation:
The amount of pension expense reported for 2018 can be calculated using only the relevant data in the question as follows:
Pension expenses = Service cost + (Beginning of year Projected benefit obligation × 10%) - (Beginning of year fair value of plan assets × 10%)
Therefore, we have:
Pension expenses = $
345,000 + ($3,600,000 × 10%) - ($2,400,000 × 10%) = $465,000
Therefore, the amount of pension expense reported for 2018 is $465,000.
Answer:
THere will be a negative loss for (7,000) dollars
Explanation:
The net income will be the result of doing revenues less expenses
The cash dividends are not considered for the calcualtions. they impact retained earnings not the income of the current period.
revenues 153,000
expenses <u> (160,000) </u>
<em>loss (7,000)</em>
