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
solniwko [45]
3 years ago
5

The unrecognized net gain or loss balance must be amortized when it exceeds 10% of the larger of the: beginning accumulated bene

fit obligation or the market-related asset value. ending accumulated benefit obligation or the market-related asset value. beginning projected benefit obligation or the market-related asset value. ending projected benefit obligation or the market related asset value.
Business
1 answer:
Schach [20]3 years ago
4 0

Answer:

beginning projected benefit obligation or the market-related asset value

Explanation:

The balance of the Unrecognized Net Gain or Loss account subject to amortization only if it exceeds 10% of the larger of the beginning balances of the projected benefit obligation or the market-related value of the plan assets.

Amortization is simply the procedure or the process of retiring a debt or recovering a capital investment. This can be done via scheduled, systematic repayment of the principal or a program of periodic contributions to a sinking fund or debt retirement fund.

You might be interested in
In 2019, Laureen is currently single. She paid $2,800 of qualified tuition and related expenses for each of her twin daughters S
Anastaziya [24]

Answer:

Answers below

Explanation:

a) Laureen's AGI - $45,000

For 2 daughter - AOTC is - (2000*2child)+(800*25%+2child)

=4000+400

=4400

For Ryan - 1900

AOTC - 6300

Laureen lifetime learning credit - Eligible is 2000 (The amount of the credit is 20 percent of the first $10,000 of qualified education expenses or a maximum of $2,000 per return)

so in above case it is - 1200*20% =240 (Since AGI is below clip of 56000 he can claim same)

=6300+240 = 6540 is eligible deduction

b)

Since AGI is 95000

AOTC can't be calimed if AGI is above 90000 and hence AOTC is zero and Lifetime learning credit can't be claimed if AGI is above 56000.. Hence it is zero education credit

c)

For Daughter it is same as a above i.e. 4,400

For Ryan it is = 2000+(10000*25%) or maximum 4000

=2000+2500 or 4000

so 4000 is allowed

so AOTC total of 8400 and LLC of 240 so claimed is 8640

3 0
3 years ago
We know that the longer a person saves, the more time their savings have to compound and grow. Given that fact, why do you think
vivado [14]

Answer:

The illusion of time

Explanation:

This is because younger people think that they have time to save up later; that if they spend now, they can always make up for it later. On the other hand, older people know that they don't have much time (comparatively) to save money as they did before, so saving money becomes a bigger deal for them.

5 0
2 years ago
Forest management defination<br><br><br>​
yanalaym [24]

Answer:

It is the process of controlling the use or exploitation of forested land.

6 0
3 years ago
Read 2 more answers
What are the three basic functions of money ?
Naddika [18.5K]

Answer: Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.

7 0
3 years ago
Read 2 more answers
Laura offered to sell Louis a tract of land. The offer was complete and certain as to all material terms. The offer stated that
34kurt

Answer:

C) Louis has not accepted and there is no contract.

Explanation:

In this scenario, Laura offered to sell Louis a tract of land. The offer was complete and certain as to all material terms but the offer stated that a telegraphed acceptance was required. Within a reasonable time, Louis telephoned Laura to accept but this doesn't translate to acceptance because Louis has not done the needful to present or send a telegraphed acceptance.

Hence, in this situation, Louis has not accepted and there is no contract yet.

Under the Uniform Commercial Code (UCC), an offer has been accepted only when Louis (the offeree) performs the requisite act by Laura (the offerer).

In this case of selling a tract of land, a telegraphed acceptance is the authorized and authentic means of communication of acceptance.

Additionally, a Uniform Commercial Code (UCC) is a legal principle, regulations and standard set of laws for transactions of business between two or more parties.

7 0
3 years ago
Other questions:
  • Your boss gives you a very large project to complete. She will allow you to pick the colleagues you want to work with. Knowing t
    5·1 answer
  • g Floyd Corporation had a projected benefit obligation of $3,142,000 and plan assets of $3,308,000 at January 1, 2020. Floyd als
    13·1 answer
  • The following items were drawn from a company’s accounting records: (1) Accounts receivable (2) Accounts payable (3) Cash paid t
    5·2 answers
  • According to the textbook, the number one reason that people become entrepreneurs is to:A) realize financial rewardsB) gain pres
    9·1 answer
  • a celebrity appearing in a commercial for a soft drink while wearing a certain brand of clothing and holding a certain brand of
    5·2 answers
  • Hilton Company manufactures two products: Product A100 and Product X500. The company currently uses a plantwide overhead rate ba
    8·1 answer
  • How has information technology impacted the economy? choose three answers. it has allowed economists to better predict how resou
    12·1 answer
  • Scenario: Wilson Industries Inc. Wilson Industries Inc. is a multinational firm that designs and produces premium leather bags f
    6·1 answer
  • The Berne Conventions provides for international protection of copyrights.<br><br> True<br> False
    15·1 answer
  • The definition of states: The process of solving the everyday problems that occur. It is less formal than decision making and us
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!