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Volgvan
3 years ago
5

The following information relates to Hatami Company's defined benefit pension plan during the current reporting year:

Business
1 answer:
zvonat [6]3 years ago
4 0

Answer: $742,000,000

Explanation:

The balance of pension plan assets at fair value on December 31 will be:

Plan Assets at Fair value, January 1 = $640,000,000

Add: Actual return on plan assets = $44,000,000

Add: Contributions to the pension fund (end of year) = $94,000,000

Less: Pension benefits paid (end of year) = $36,000,000

Plan Assets at Fair value, December 31 = $742,000,000

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Minor Electric has received a special one-time order for 600 light fixtures (units) at $12 per unit. Minor currently produces an
AfilCa [17]

Answer:

To earn $1,150 the order should be 900 units.

Explanation:

Giving the following information:

Selling price= $12

Unitary variable cost= $10

Incremental fixed costs= $650

Desired profit= $1,150

<u>Because it is a special order, and there is unused capacity (1,000 units), we will take into account only the incremental fixed costs.</u>

<u>To calculate the number of units to be sold, we can use the break-even point formula with the desired profit:</u>

<u></u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (650 + 1,150) / 2

Break-even point in units= 900 units

To earn $1,150 the order should be 900 units.

3 0
3 years ago
Overton Corporation, a manufacturer of household paints, is preparing annual financial statements at December 31, 2019. Because
Andre45 [30]

Answer:

The answer is "Operating expense of $800,000 and liability of $800,000".

Explanation:

It's obvious from its government that the company must recall any paint cans which have proved health hazardous. Its organization must remember its $800,000 in canned cans. The cost of recall would also be referred to as administration fees since these costs aren't linked to its production of the paints. All operations of the company were performed. It must be held responsible for the calculation of the recalling costs.

5 0
3 years ago
The top management of Myers Corp are planning a reorganization of their company to cut costs and increase efficiency. The differ
melamori03 [73]

Answer:

C. substitutes

Explanation:

This scenario reflects the operation of substitutes in replacing the support and ability offered by leaders

6 0
4 years ago
You have just made your first $5,000 contribution to your individual retirement account. Assuming you earn an annual rate of ret
Zielflug [23.3K]

Answer:

the future value is $328,983.26

Explanation:

The computation of the amount that would be retired in 45 years is shown below:

As we know that

Future value = Present value × (1 + interest rate)^time period

= $5,000 × (1 + 9.75%)^45

= $328,983.26

Hence, the future value is $328,983.26

5 0
3 years ago
Toby has been working on collecting tidbits over the past year from a financial firm's trash in an effort to eventually break in
FinnZ [79.3K]

Answer:

By acting or posing as a waste management collector looking to fix the dumpster or collect the debris

Explanation:

The computer as an electronic machine has served as a tool or an object of the crime, subject of the crime and an instrument of the crime

Cyber crime

This is simply known as a criminal act. It is the process by which there is the stealing or destruction of information, resources, or funds utilizing computers, computer networks and the Internet.

Computer fraud

This is simply a type of fraud committed with the use of contemporary technology and it is regarded as a law crime. It includes theft of information and corporate espionage etc.

Most cyber crimes are usually well organized. The individual committing the crime usually puts a lot of efforts in achieving their goal. Toby could only have gained access to the company dumpster if he poses as the one or company sent to collect the trash.

4 0
3 years ago
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