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
What effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet? Do you believe Blai
podryga [215]

Answer no 1  

Bringing down the estimate for far fetched accounts makes the benefit bigger by paying off Bad Debt Expense and makes the Balance Sheet look better by exaggerating Assets. Since the contra-resource Allowance for Doubtful Accounts would be downplayed.  

Answer no 2  

This activity of change the stipends for far fetched accounts isn't inside the rights and zone of control of a director and is a moral infringement. No chief ought to have the option to transform anything inside the bookkeeping capacity. A supervisor ought to deal with the business, not the accounting for that business.

8 0
3 years ago
Which strategy will increase the asset allocation of your portfolio?
artcher [175]

Answer:

B. Investing in stocks, bonds, and a mutual fund

Explanation:

7 0
3 years ago
Enumerating different potential implementation environments that could be used to deliver the different sets of capabilities occ
solniwko [45]

Answer: Occurs during the Shaping alternative system design strategies phase-B

Explanation:

This phase also called Innovation phase is used to identify and or formulate decisive alternatives. Here multiple alternatives should be considered and encouraged so as to develop decisions that can cater to the needs identified during the initial decision making

Introducing different alternative decisions helps one to consider a wide new range of opportunities most of which were not though of during the initial stage.and look

When shaping alternative systems design, it is also necessary to consider Solutions that have worked in the past which may be a solution for current decision implementation and to consider different environments or situations that can help solve current capabilities.

8 0
3 years ago
An ad in a newspaper reads: "AVAILABLE TODAY ONLY. FRIENDLY'S APPLIANCES. CLEARANCE SALE FOR ALL FLOOR ITEMS. 75% OFF RETAIL PRI
kvasek [131]

Answer:

Correct answer is b, there is no breach contract

Explanation:

There is no breach contract happened because what Friendly did is just a mere advertisement published in a news paper. What happened is that, Friendly notify the customers that they will be having a clearance sale for all the floor items that they had. Mere advertisement is not yet in the stage of contract to sell and the advertiser is not bound for any liability in case the product is not available at the time the customer decided to buy the product.

3 0
3 years ago
The jeans store sells 7 pairs of jeans per day when it charges $100 per pair. it sells 8 pairs of jeans per day at a price of $9
sleet_krkn [62]
To solve for the marginal revenue, we are going to find the total amount the store would sell in dollars at 7 pairs and then at 8 pairs. After we find that, we will subtract the difference and receive the marginal revenue of the eighth pair of jeans.

($100)(7) = $700
($90)(8) = $720

$720 - $700 = $20

The marginal revenue is $20.
4 0
4 years ago
Other questions:
  • If an organizational capability or resource is valuable and unique, but it is easy to imitate: A. It cannot be a source of compe
    7·1 answer
  • Fast tracking is an example of a tool used in _____ management.
    15·1 answer
  • why are power outages , oil spills, terrorism and war classified as natural risk if they are all manmade?
    5·2 answers
  • Mature thinkers tend to view rules as absolute.
    5·1 answer
  • maxdama There are closed envelopes with $2, $4, $8, $16, $32, and $64 lined up in sorted order in front of you. Two envelopes ne
    6·1 answer
  • The making of the movie Waterworld cost a total of $180 million. It generated a total of $130 million in revenues. $70 million w
    15·1 answer
  • Which person argued that a corporate manager's primary responsibility is to the shareholders of the organization and that manage
    11·1 answer
  • You are considering an investment in 30-year bonds issued by Moore Corporation. The bonds have no special covenants. The Wall St
    12·1 answer
  • Economists assume that people are rational in the sense that.
    8·1 answer
  • A Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for 20 per unit. Variable costs are 8 per unit,
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!