Answer and Explanation:
a. The pension worksheet for the pension plan for the year 2014 and 2015 is presented on the excel spreadsheet
b. According to the scenario, The journal entry is
Journal Entry:-
Pension expenses A/c Dr. $450,640
Other comprehensive income (gain/loss) A/c Dr. $99,360
Other comprehensive income (prior service cost) A/c Dr. $410,000
To pension assets & liabilities A/c $675,000
To Cash A/c $285,000
(Being the pension expense is recorded)
For recording this we debited the pension expense, other income, gain or loss as it increased the expenses reduced the income and credited the cash and assets and liabilities because it reduced the cash and recognize the pension assets and liabilities
Answer:
the expected annual profit for the number of beauticians is $70,000
Explanation:
The computation of the expected annual profit for the number of beauticians is shown below:
= 50 × 0.50 + 75 × 0.20 + 100 × 30
= 25 + 15 + 30
= 70
= $70,000
hence the expected annual profit for the number of beauticians is $70,000. The same is to be considered
All other information that are mentioned should be ignored
Answer:
$35 per hour
Explanation:
Data provided;
The John has 2 alternatives to choose from
Alternative 1 offers him $50 per hour
Alternative 2 offers him $35 per hour
John opts for the Alternative 1 i.e $50 per hour
Now,
The opportunity cost is given as the next high valued alternative and for the given question, we have the next high valued alternative of $35 per hour
Hence,
the opportunity cost of choosing the alternative 1 i.e job offering $50 per hour is $35 per hour
Answer:
Percentage Change | Increase and Decrease
First: work out the difference (increase) between the two numbers you are comparing.
Increase = New Number - Original Number.
Then: divide the increase by the original number and multiply the answer by 100.
% increase = Increase ÷ Original Number × 100.
Explanation:
thats how you find out how to calculate percentage change in value
hope it helps
