Answer: $187 ⇒ Amount should ABC report as a net pension liability (asset) at Dec 31, 2018
Explanation:
Given that,
Data for 2018 as of Dec 31, 2018 are as follows:
Projected benefit obligation = $634
Accumulated benefit obligation = $418.44
Plan assets at fair value = $821
Pension expense = $192.48
Employer's cash contribution (end of year) = $361
The amount should company report as a net pension liability at Dec 31, 2018 as follows:
Net Pension Liability = Projected benefit obligation - Plan assets at fair value
= $634 - $821
= $187 ⇒ Amount should ABC report as a net pension liability (asset) at Dec 31, 2018
Answer:
$17 gives 100 utils
So, $1 gives 100/17 utils
which implies that $20 gives (100/17)*20 = 117.65
So additional utils = $117.65 - $100 = $17.65
Hence, $17.65 is the additional utils
Explanation:
Answer:
Lloyd needs to increase his witholding tax to $1,560 this year in order to avoid the underpayment penalty .
Explanation:
As a rule, a citizen can maintain a strategic distance from an underpayment of punishment if their retention and evaluated assessment installment measure up to or surpass one of the two safe harbours
90% of current expense risk = 90% × $11,350
= $10,215
100% of past assessment risk = $15,900
Since his(Lloyd) retention is not equal to or exceed $10,215 or $15,900
Llyod should expand retaining or make payment this year in order to stay away from underpayment punishment
= $10,215 - $8,655
= $1,560
