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
Investors at Penny's candies have low expectations from the company since it has a very low P/E ratio. Either the company is not performing well or investors have discounted some bad news in future cash flows.
Whereas Donna's confections has a P/E of 6.7 which is much better than that of Penny's. So here the company is performing well and investors are positive on future good news and they expect the cash flows to improve and hence the stock rules at a higher P/E ratio
Answer:
Number of vats used is 3
Explanation:
Number of pounds used per hour, D = 195 ÷ 8
= 24.375 pounds per hour
Cycle time, T = 2.25
Inefficiency factor, e = 0.19
Material held in vats, C = 25 pounds
Now,
Let, n be total number of vats
Thus,
n = 
on substituting the respective values, we get
n =
or
n = 2.413 ≈ 3
Number of vats used is 3 [since vats cannot be in fraction]
<h2>Answer</h2>
Technology
<h3>Explanation</h3>
Outsourcing and telecommuting are the trends related to presence of growing technology within the economy allowing various services to be outsourced to people who are more of an expert when it comes to handling those procedures. Overall, these trends are mainstream nowadays and allow businesses to succeed in an articulate manner together with allowing tertiary industry to thrive
Answer:
A-she can deduct her mileage for driving from her home to her office at the professional suite
B-she can deduct her home office expenses
Explanation:
As a general rule of thumb, every expenses that incurred for business operation can be deducted from your taxes. This rule can still applicable even if you're working from your home.
A car mileage <u>can only be deducted according to the proportion that is used for work</u><u> </u> since it's considered as an expense that must incurred in order for Gwen to do her business.
Lunch money is considered as private consumption that does not related to her business operation. This is why it's not tax deducible.
