Answer:
The amount of pension expense reported by the company is $68 Million
Explanation:
the particulars of pension expense that will recognized and reported by the company.
Service Cost $44 Million
Add: Interest Cost <u>$50 Million</u>
Total Cost $94 Million
Less: Expected Return on Plant Asset <u> $31 Million</u>
$63 Million
Add: Amortization of a prior service cost <u>$05 Million</u>
Pension expense reported by the company $68 Million
Thus, the Pension expense reported by the company is $68 Million
Answer:
Trade credit
Explanation:
Trade credit is an agreement between two businesses where the supplier agrees to supply goods to a trader and collect payments later. There is no payment at the delivery of the products, but the supplier allows for later payments.
Trade credit allows traders to sell the product at first, deduct profits from the revenue and pay the supplier later. Trade credit can harm a business if the credit aspect is expensive. Should the trader negotiate for good credit terms, then trade credit is a viable option for inventory purchases.
Answer:
$88,500
Explanation:
The computation of the amount of cash reported in the balance sheet is shown below:
= Check book balance + check not included - NSF check + coin & currency on hand
= $84,800 + $1,750 - $3,730 + $5,680
= $88,500
We simply applied the above formula so that the correct amount of cash could arrive that is to be reported in the balance sheet
Answer:
$40.6344 per share
Explanation:2.
Complete question <em>"Huxley has $5 million in short-term investments and $7 million in debt and has 1 million shares outstanding. What is the best estimate of the current intrinsic stock price?"</em>
<u>Calculation of the value of firm is as below</u>
Yr Cash flow Growth rate New c.flow Pv at 12% Pv of cash flows
1 1.75 25% 2.1875 0.893 1.9534
2 2.1875 25% 2.7344 0.797 2.1793
TCM 48.3083 0.797 <u>38.5017</u>
Value of firm <u>42.6344</u>
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Note: TCM = Terminal cash floe = 2.7344*(1.06) / 12% - 6% = 48.3083 million
Now, Market value of firm = 42.6344 + 5 - 7 = 40.6344 million
Market price per share = $40.6344 million/1 million = $40.6344 per share
Based on the information the current value of those 200 shares is $40,023.03.
Using this formula
Future value=Principal(1+rate)^Time
Where:
Principal=$7,800
Rate=14.6% or .145
Time =12 years
Let plug in the formula
Future value=$7,800 × (1 + .146)^12
Future value=$7,800×(1.146)^12
Future value=$7,800×5.131159
Future value= $40,023.03
Inconclusion the current value of those 200 shares is $40,023.03.
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brainly.com/question/24131921
