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Elanso [62]
3 years ago
12

A partially completed pension spreadsheet showing the relationships among the elements that comprise the defined benefit pension

plan of Universal Products is given below. The actuary's discount rate is 5%. At the end of 2016, the pension formula was amended, creating a prior service cost of $140,000. The expected rate of return on assets was 8%, and the average remaining service life of the active employee group is 20 years in the current year as well as the previous two years.
Required:
Fill in the missing amounts.?
Business
1 answer:
Margaret [11]3 years ago
4 0

Answer:

Hello your question lacks the required spreadsheet  attached below is a  spreadsheet and the completely filled spreadsheet

Explanation:

Amortization = 140,000 / 20 = 7000

average service life = 20

<em>The missing amounts are </em>

service cost = $104

gain on PBO = $28

prior service cost = $0

expected return on plant assets = $ 46.40

loss on assets = $16

cash funding = $88

retirees benefits = $50

prior service cost = $14

interest cost = $42

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Answer:

B) regenerative

Explanation:

A material requirements planning (MRP) system is used to merge several production activities into one single system that controls production and inventory. It's similar to ERP systems but it only focuses on the production area of a company. Using MRP systems enables production planning, scheduling, and control of production inputs (e.g. materials).

All MRP systems should be regularly updated in order to be efficient.

8 0
4 years ago
Market equilibrium Consider the demand function of tofu given by Qd = 150 – 10p + 5pb and the supply function of tofu given by Q
ser-zykov [4K]

Answer:

a) Qs = 50 + 20p - 7ps

= 50 + 20p - 7×(2)

= 50 + 20p - 14

= 36 + 20p

At equilibrium, Q_{d} = Q_{s}

So, 150 - 10p + 5p_{b} = 36 + 20p

So, 20p + 10p = 30p

= 150 - 36 + 5p_{b}

= 114 + 5p_{b}

So, p = (114/30) + (5/30)p_{b}

= 3.8 + 0.17p_{b}

Thus, p_{e} = 3.8 + 0.17p_{b}

Q = 36 + 20p

= 36 + 20(3.8 + 0.17p_{b})

= 36 + 76 + 3.4p_{b}

= 112 + 3.4p_{b}

Thus, Q_{e} = 112 + 3.4p_{b}

b) p_{e} = 3.8 + 0.17p_{b}

= 3.8 + 0.17×(5)

= 3.8 + .85

= 4.65

Q_{e} = 112 + 3.4_{b}

= 112 + 3.4(5)

= 112 + 17

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c) Qd = 150 - 10p + 5pb = 150 - 10(2.5) + 5(5) = 150 - 25 + 25 = 150

Qs = 36 + 20p = 36 + 20(2.5) = 36 + 50 = 86

Thus, there is excess demand as Q_{d} > Q_{s}

d) New Q_{d}= 180 - 10p + 5p_{b}

= 180 - 10p + 5×(5)

= 180 - 10p + 25

= 205 - 10p

Now, new Q_{d} = Q_{s} gives,

205 - 10p = 36 + 20p

So, 20p + 10p = 205 - 36

So, 30p = 169

So, p = 169÷30

So, p_{e} = 5.63

Q = 205 - 10p = 205 - 10×(5.63) = 205 - 56.3 = 148.7

So, Q_{e} = 148.7

6 0
3 years ago
Assume you have $2,000 in a savings account at the beginning of the year and the price level is equal to 100. If the price level
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Answer:

$1,667

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Given that,

Savings account at the beginning of the year = $2,000

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$1 at the beginning of the year is worth = ($100 ÷ $120) at the end of the year

Savings of $2,000 at the beginning of the year is worth:

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= $1,667

Therefore, the real value of the savings is $1,667.

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3 years ago
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