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
Ivenika [448]
3 years ago
9

On January 1, 2021, Newlin Co. has the following balances: Projected benefit obligation $3,500,000 Fair value of plan assets 3,0

00,000 The settlement rate is 10%. Other data related to the pension plan for 2021 are: Service cost $300,000 Amortization of prior service costs due to increase in benefits 100,000 Contributions 500,000 Benefits paid 225,000 Actual return on plan assets 395,000 Amortization of net gain 30,000 The balance of the projected benefit obligation at December 31, 2021 is
Business
1 answer:
SpyIntel [72]3 years ago
5 0

Answer:

$3,925,000

Explanation:

Calculation to determine what The balance of the projected benefit obligation at December 31, 2021 is

Projected benefit obligation $3,500,000

Add Service cost $300,000

Add Interest cost $350,000

(3,500,000X.1)

Less Benefits paid ($225,000)

Projected benefit obligation at December 31, 2021 $3,925,000

Therefore The balance of the projected benefit obligation at December 31, 2021 is $3,925,000

You might be interested in
You put $300 into a savings account with an interest rate of 8% which earns $144.00 over a period of
bogdanovich [222]
It will take a total of 6 years
6 0
3 years ago
What makes Ford a successful business?
bazaltina [42]

The key is efficiency. Ford and his business were captains of efficiency, from mass manufacturing via the factory line to economical individual effort. Ford Motor Company produced cars swiftly assembly line.

<h3>How a business becomes successful?</h3>

The most prosperous organizations place a high priority on providing excellent customer service and a great client experience. Making goods and services that consumers demand is the first step. However, concentrating on your clients goes beyond you products.

<h3>What does a successful business look like?</h3>

Instead of focusing on earning short-term benefits, successful businesses are focused with establishing long - term profits and creating sustainable growth. By creating new goods or services that satisfy customers, successful businesses are able to effectively address the changing wants of their clients.

To know more about Successful businesses visit:

brainly.com/question/20365163

#SPJ4

6 0
9 months ago
A society whose economic system is engaged in the processing and control of information is called a(n):
ss7ja [257]
Postindustrial society
7 0
3 years ago
​Midtown, Inc. had the following transactions in​ 2018, its first year of​ operations: bullet Issued​ 31,000 shares of common st
Anna007 [38]

Answer:

The stockholders' equity is $6,90,000.

Explanation:

<u>Calculating the Total stockholders' equity:</u>

Total stockholders equity = Beginning stock equity + Net income

Total stockholders equity = (31,000 * 20) + 70,000

Total stockholders equity = 6,20,000 + 70,000

Total stockholders equity = $6,90,000

3 0
2 years ago
Houston pumps recently reported $185,250 of sales, $140,500 of operating costs other than depreciation, and $9,250 of depreciati
nignag [31]
<span>ANSWER: a
RATIONALE: Shares outstanding 530,000
Price per share $27.50
Total book common equity $5,125,000
Book value per share = Total book equity/Number of shares $9.67
Difference between book and market values $17.83</span>
3 0
3 years ago
Read 2 more answers
Other questions:
  • Advancements in medical technology often lead to new careers.<br><br> True<br> False
    10·2 answers
  • What is the first step in financial planning?
    5·2 answers
  • A severe cyclone causes substantial damage to a brick manufacturing company's production equipment. As a result, the company spe
    7·1 answer
  • For america, the ________ was a great failure of foreign intelligence, a great tactical military success, and a great political
    14·1 answer
  • Some hospitals in the United States find that their need for radiologists to read X-rays is volatile during the evening and earl
    15·1 answer
  • You sell T-shirts at your school’s football games. Each shirt costs $5 to make and sells for $10. In the season you sell 100 shi
    6·1 answer
  • gossip is normal. i don't think it actually hurts anyone, said a new co-worker. what's the best way to respond? a. as long as no
    9·2 answers
  • Carver, Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the co
    13·1 answer
  • Discuss both the quantitative and qualitative factors that managers should consider when making decisions using differential ana
    11·1 answer
  • Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!