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
alina1380 [7]
3 years ago
6

Presented below is pension information for Ceylan Inc.for the year 2019: Service cost $82,000 Interest on projected benefit obli

gation 56,000 Interest on vested benefits 20,000 Amortization of prior service cost due to increase in benefits 12,000 Expected return on plan assets 18,000 The amount of pension expense to be reported for 2019 is
Business
1 answer:
Advocard [28]3 years ago
3 0

Answer:

$132,000

Explanation:

Particulars                                                              Amount

Service cost                                                           $82,000

Add: Interest on projected benefit obligation     $56,000

Add: Amortization of prior service cost               $12,000

due to increase in benefits

Less: Expected return on plan assets                  <u>($18,000)</u>

Pension expense                                                   <u>$132,000</u>

You might be interested in
A company sold 3,000 units at $500 each. Variable expenses were $350 per unit, and fixed expenses were $780,000. The same variab
nikitadnepr [17]

Answer:

6,000 units

Explanation:

We know that

Break even point in units = (Fixed expenses ) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit

The selling price would be

= $500 - $500 × 4%

= $500 - $20

= $480

And, the Variable expense per unit is $350

So, the contribution margin per unit would be

= $480 - $350

= $130

So, the break even point in  unit should be

= $780,000 ÷ $130 per units

= 6,000 units

3 0
4 years ago
Carrie and Michael are married and will file a joint return. In addition to income from wages, they have a $5,000 long-term capi
Elena L [17]

Answer: 15%

Explanation:

From the question, we are informed that Carrie and Michael are married and will file a joint return and that they have a $5,000 long-term capital gain from the sale of stock. We are further told that their 2019 taxable income is $121,500.

Based on the above scenario, their capital gain will be taxed at a rate of 15%. This is due to the fact that when filing their status, they will be regarded as married and the applicable rate is 15% for an income that is between $78,751 and $488,850. Since they've $121,500 their rate will be 15%.

6 0
4 years ago
The main difference between a matrix-style organization model and a cross-functional team is: Question 6 options: the matrix mod
alisha [4.7K]

Answer:

the matrix model is a temporary arrangement, whereas the cross-functional team is a more permanent arrangement.

Explanation:

  • The matrix model is a temporary setting where participants report back to their functional unit upon completion of the project.
  • The cross-functional team is a more stable system where the same team works on multiple projects.
  • so correct option is the matrix model is a temporary arrangement, whereas the cross-functional team is a more permanent arrangement.
6 0
3 years ago
The Whalers are interested in trading their star left tackle. He is a veteran and makes $1.6 million per year. They are consider
Romashka-Z-Leto [24]

Answer:

$1,800,000

Explanation:

The veteran player makes $1.6 million per year.

The new prayer will be paid $1 million per year.

the Savings per year will be

= $1, 600,000 - 1,000,000

= $ 600,000

The savings in three years will be

=$600,000 x 3

=$1,800,000

3 0
3 years ago
Why is zero unemployment and zero inflation not ideal for the economy?
TEA [102]
Zero unemployment and zero inflation is not good fpr the economy because inflation is important to keep the economy running.economis t call this sustainable inflation. when there is an inflation , you know that the price will rise in the future. your money is more valuable now since the price is lower then the future thus you sped noe instead of saving. this keeps the economy running.
If unmeployment were zero that would mean no new business could start, no existing business could expand and no one is entering the labor force. shortage of labor like this would increase the wage as the existing business  have to compete for the labors and if wage sgoes up then prices goes up as well: inflation.

3 0
4 years ago
Other questions:
  • Question 5 of 23
    5·1 answer
  • Ajax Company presently leases a copy machine on a monthly basis. The lease agreement requires a fixed fee each month in addition
    15·1 answer
  • What are some of the advantages of owning a house​
    11·2 answers
  • 1) When there is uncertainty in the marketplace, what happens to yield spreads and why?2) Why do venture capital companies often
    14·1 answer
  • Use the following information to do a horizontal analysis of Rae Company's income statement for the current year and prior year
    6·1 answer
  • On March 1, 2021, Stratford Lighting issued 10% bonds, dated March 1, with a face amount of $690,000. The bonds sold for $678,00
    10·1 answer
  • The potential use of a service at a location is related directly to population and inversely to distance in the
    5·1 answer
  • What problems seem to emerge when an organization gets larger
    5·2 answers
  • What is the relationship between marketing and economics?​
    5·1 answer
  • HELPPPPPPPPPP
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!