Answer:
1. D (higher income with variable costing) 2. B (fixed costs remain the same as production level changes 3. C (variable costs decrease as production decreases)
Answer:
1. Service cost
Interest cost
2. Dr Pension expense $67
Dr Plan assets $55
Cr Amortization of prior service cost—OCI $2
Cr PBO $120
Explanation:
1. The components of pension expenses that tend to affects the net pension liability are:
SERVICE COST and INTEREST COST reason will be that both SERVICE COST and INTEREST COST help to increase net pension liability while
Amortization of prior service cost on the other hand does not affect PBO or plan assets which simply means that it does not in any way change the net pension liability.
2. Preparation of the journal entry to record the pension expense.
Based on the information given the journal entry to record the pension expense will be :
Dr Pension expense $67
Dr Plan assets $55
Cr Amortization of prior service cost—OCI $2
Cr PBO $120
($70+$50=120)
Answer:
Ans. The value today of Social Security's promise is $7,726.98
Explanation:
Hi, well, first we need to bring to year 45 all 14 cash flows, and when they are at year 45, we have to bring it to present value, discounted at 9% rate, or 0.09.
First, let´s bring to year 45 all 14 future cash flows, the formula to use is the following.
That is because the first annuity is received exactly in year 45, it should look like this.
Now we need to bring this to present value to asses the value today of Social Security's promise. For that, we use the following formula.
That is:
Best of luck.
Answer:
The company is using Communication.
Explanation:
Communication in marketing are the methods employed by a business to convey messages about their products to consumers either directly or indirectly, with the goal of persuading them to purchase.
Communication involves activities like promotions, personal selling , advertisement, events, radio advertising, and email campaigns.