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
Kay [80]
3 years ago
10

he following information for Cooper Enterprises is given below: December 31, 2021Assets and obligations Plan assets (at fair val

ue) $600,000 Accumulated benefit obligation 1,110,000 Projected benefit obligation 1,200,000Other Items Pension asset / liability, January 1, 2021 30,000 Contributions 360,000 Accumulated other comprehensive loss 503,700 There were no actuarial gains or losses at January 1, 2021. The average remaining service life of employees is 10 years. What is the amount tha
Business
1 answer:
gavmur [86]3 years ago
7 0

Answer:

the amortization of Other Comprehensive Loss for 2022 is $38,370

Explanation:

The computation of the amortization of Other Comprehensive Loss for 2022 is shown below;

= (Accumulated other comprehensive loss - 10% of Projected benefit obligation)  ÷ given no of years

= ($503,700 - 10% of $1,200,000) ÷ given no of years

= ($503,700 - $120,000) ÷ 10 years

= $38,370

hence, the amortization of Other Comprehensive Loss for 2022 is $38,370

The same would be considered

You might be interested in
Which subjects does the Aspire test assess?
Nikolay [14]

Answer:

five subject areas: English, mathematics, reading, science, and writing

7 0
4 years ago
Assume the MPC is 0.6. If government were to impose $10 billion of new taxes on household income, consumption spending would ini
mihalych1998 [28]

Answer:

$6 billion

Explanation:

Calculation to determine what consumption spending would initially decrease by

Using this formula

Decrease in Consumption spending=MPC * New taxes on household income

Let plug in the formula

Decrease in Consumption spending=0.6*$10 billion

Decrease in Consumption spending=$6 billion

Therefore consumption spending would initially decrease by $6 billion

4 0
3 years ago
A clothing store has ordered 100,000 swimsuits. It costs $22 to produce a swimsuit. They plan to sell them until August 31 at a
fomenos

Answer:

Total profit = $1800000  @ a given demand level of 100K units of swimsuit.

Explanation:

Lets first develop a formula representing the Total profit for any demand level, see as follows:

(Selling price per unit× d) - (cost per unit× d)= Total profit

We will be using the short forms of the components in this formula.

SP = selling price per unit

d= demand

cp= cost per unit

TP= Total profit.

Now lets substitute the values into the formula to compute profit at any demand level (in this case 100,000 units of swimsuits) as follows:

Total profit = ($40× 100000) - ($22× 100000)

Total profit = $4000,000 - $2200,000

Total profit = $1800000  @ a given demand level of 100K units of swimsuit.

<em />

<em>(NOTE: The formula mentioned above can be used to compute the correct profit for any demand level, even though if there is a change in sp and/or cp, the formula can also be useful.)</em>

8 0
3 years ago
I need this right now.
mamaluj [8]

Answer:

Sorry cant help with this

Explanation:

4 0
3 years ago
Read 2 more answers
The economics profession thrives because:
Pie

Answer:

Your answer to your Question is D. economists always agree on solutions to economic problems and have helped solve all major global financial crises.I HOPE I HELPED YOU GIVE ME BRAINLIST PLEASE Thank you have a nice day!

4 0
3 years ago
Other questions:
  • What type of mining is used for both coltan and gold?
    12·1 answer
  • On January 1, 2021, Laramie Inc. acquired land for $6.2 million. Laramie paid $1.2 in cash and signed a 6% note requiring the co
    14·1 answer
  • The financial statements of Calloway Company prepared at the end of the current year contained the following elements and corres
    6·1 answer
  • Charlie Corporation is considering buying a new donut maker. This machine will replace an old donut maker that still has a usefu
    11·1 answer
  • The ____ server is usually a high-powered workstation that maintains a large file system of data sets, user profiles, and access
    11·1 answer
  • Cheap Motorcycle. Tony, a hateful, disgruntled business law professor, notices that Peter, a student who is past the age of majo
    15·1 answer
  • g Suppose total output (real GDP) is $1,000 and labor productivity is $10. We can conclude that the number of worker hours must
    15·1 answer
  • Which of the following is an example of a monetary policy?
    7·1 answer
  • Females, it is said, make 70 cents to the dollar in the United States. To investigate this phenomenon, you collect data on weekl
    7·1 answer
  • Why family members left their family business and start their own business
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!