The amount of pension expense to be reported for 2011 is $120,000.
to calculate the pension expense for the year 2011, we need to consider the various components of pension costs. the pension expense consists of several elements, including service cost, interest cost, expected return on plan assets, amortization of prior service cost, and gains or losses.
the components given in the question are as follows:
service cost: $72,000
interest on projected benefit obligation: $54,000
interest on vested benefits: $24,000
amortization of prior service cost: $12,000
expected return on plan assets: $18,000
to calculate the pension expense, we need to subtract the expected return on plan assets from the sum of the service cost, interest cost, and amortization of prior service cost. the formula for pension expense is:
pension expense = service cost + interest cost - expected return on plan assets + amortization of prior service cost
using the given values:
pension expense = $72,000 + $54,000 - $18,000 + $12,000
pension expense = $120,000
Learn more about interest here:
https://brainly.com/question/30393144
#SPJ11
president jackson ordered that all money be moved out of the national bank and placed in. true or false
Jackson's mistrust of the National Bank was political as well because he thought a federal organisation like the Bank violated the rights of the states.
What did Andrew Jackson say regarding the Federal Reserve?The Bank was "unauthorised by the Constitution, subversive to the powers of States, and hazardous to the people's liberty," according to Jackson, who vetoed the bill when it passed Congress.
What alternative to a national bank did Andrew Jackson favour?Jackson repeated his opposition to the Bank in his annual messages from 1830 and 1831. He suggested a completely government-run entity in its place—in name a bank, but in reality a division of the Treasury with no authority over lending, purchasing property, or issuing notes.
To know more about national bank visit:-
https://brainly.com/question/30389215
#SPJ4
Write a persuasive argument as an essay or blog entry to address your topic. Use a minimum of 400 words. State your claim clearly with details from reliable sources. Be sure to include
Based on writing methods and techniques, to write a persuasive argument as an essay or blog entry to address your topic, you should start by "Choosing topic you’re passionate about."
What is Persuasive Writing?Persuasive writing is a form of writing that illustrates logical arguments into writing. It usually contains an emotional appeal to influence the readers towards a particular perspective or opinion.
Things to note when writing a Persuasive argument as an essay or blog entryUnderstand what your audience wants.Begin with a fact to hook your readers' attention.Research the both on both sides of what you agreed and disagreed on.Be empathetic in your word usage.Chip in rhetoric question to evoke interest.Emphasize your points with creativity.Hence, in this case, it is concluded that writing a persuasive argument as an essay is more straightforward if you follow the proper steps.
Learn more about Persuasive essay here: https://brainly.com/question/12227813
Lucinda is giving a presentation to her manager, glenn, who has a hub motivational value system. In order to appeal to his pragmatic and flexible nature in her presentation, she should:.
The thing which Lucinda has to do in order to appeal to his pragmatic and flexible nature in her presentation, she should:
Stress the benefits to different stakeholders.What is Pragmatism?This refers to the philosophy which believes that words and thought are powerful tools to help in solving problems in practical applications.
Based on the fact that Lucinda's manager is said to be a pragmatist who has a motivational value system, then she would have to base her presentation on the fact that it would be beneficial to different stakeholders.
Read more about pragmatism here:
https://brainly.com/question/7432344
Takisha Jorimoto works in finance for a small microbrewery. This week Takisha is working on a budget for the next 12 months. She has been doing research to determine prices for the new equipment the company will need in the next 12 months to stay competitive in this market. Which of the steps in financial planning is Takisha involved in
Answer:
to follow her heart
Explanation:
and you will follow the steps
tazer, inc. has sales of $634,000, costs of$328,000, depreciation expense of $73,000, interest expense of $38,000, and a tax rate of 21 percent. what is the net income for this firm?
Sales for Tazer, Inc. were $634 000, costs were $328 000, depreciation cost was $73,000, interest cost was $38,000, and tax rate was 21%. the company's net income is 154050.
The retained earnings are determined by adding net income to (or deducting net losses from) the retained earnings of the prior term, followed by the deduction of any net dividend(s) paid to shareholders. The amount is determined at the conclusion of every accounting period (monthly, quarterly, or annually). Retained earnings are calculated by taking the balance of the retained earnings account, adding the net income (or deducting the net loss) for the current period, and deducting any dividends or distributions to owners or shareholders.
Learn more about depreciation here:
https://brainly.com/question/30024295
#SPJ4
1. What types of the goods have elastic demand-
i. Non-essential or essential goods?
1. More substitutes or less substitutes?
Answer:
i.Non essential goods
ii.More substitute
(is, are) there no ticket left for us?
How can I get approved for a home loan?
In order to get approved for a home loan one should get preapproved by a lender, complete a full application and get final approval from the underwriter.
Explain in brief how to get approved for a home loan.1. Get pre approved by a lender :
The first step in buying a property is getting a mortgage pre approval. It basically serves as a test to determine your eligibility for a mortgage and your likelihood of being approved. Your letter of pre approval is crucial while looking for a home. It informs you of the price range you can afford for your prospective residence.
2. Complete a full application
Having your loan pre approved indicates that your lender is formally prepared to grant you money up to a specific sum. However, you must submit a thorough mortgage application for the house you're purchasing after signing a home purchase agreement. You should browse around at this time to find the best mortgage provider and rates. To put it another way, you should submit applications to a number of lenders to see which one will give you the best overall package and the lowest mortgage rate.
3. Get final approval from the underwriter
The last step in the approval process for a mortgage is called "underwriting." Your credit, income, assets, debts, and your prospective home are all carefully examined by the lender during underwriting. A specialized underwriter goes through the documentation, looking for warning signs and hidden dangers. Be as patient and receptive to the underwriter's inquiries as you can at this point in the mortgage process. You can move closer to closure more quickly the sooner problems are fixed.
To know more about, home loan, visit :
https://brainly.com/question/29744887
#SPJ4
fill in the blank. a system that contains features of both process and job order operations is called a(n) ____costing system.
A system that contains features of both process and job order operations is called a hybrid costing system.
This type of system is used when a company produces products that have some common features but also require customization. For example, a furniture manufacturer may produce standard designs but also offer customized pieces that require different materials and manufacturing processes.
In a hybrid costing system, costs are allocated to products based on both their direct and indirect costs. Direct costs are those that can be specifically traced to a product, such as materials and labor, while indirect costs are those that cannot be directly traced to a product, such as overhead expenses.
To determine the cost of each product, a hybrid costing system uses both job order costing and process costing methods. Job order costing is used for the customized products, where the costs are traced to each individual order or job. Process costing is used for the standardized products, where the costs are allocated to each production process or department.
Overall, a hybrid costing system provides more accurate cost information for companies that produce a mix of standard and customized products. This helps companies to better understand their costs and pricing strategies, and to make more informed decisions about their operations and profitability.
for more such question on hybrid costing system
https://brainly.com/question/31377586
#SPJ11
which of the following skills is necessary for a market researcher?
A.science skills
B.sales ability
C.math skills
D. creativity
it is B sales ability you welcome
Answer:
B. sales ability
Explanation:
hope this helped
would the new equilibrium price of tutoring services be if Ann decided to stop tutoring? $ _____per hour
Note that from the graphical representation, the new equilibrium price of tutoring services be if Ann decided to stop tutoring would be $ 25 per hour
What is an Equilibrium Price?In economics, economic equilibrium is a state in which economic factors such as supply and demand are balanced and the values of economic variables do not change in the absence of external influences.
Equilibrium is the situation in which market supply and demand balance each other, resulting in stable pricing. In general, an oversupply of products or services leads prices to fall, resulting in increased demand, whereas an undersupply or shortage causes prices to rise, resulting in decreased demand.
Learn more about Equilibrium Price:
https://brainly.com/question/28527601
#SPJ1
Full Question
See the attached
The government of Dairyland has decided that each farmer may only produce 1,000 gallons of milk per week. This can be described best as which kind of economy?
a) Mixed
b) Market
c) Command
d) Dairy
The government of Dairyland has decided that each farmer may only produce 1,000 gallons of milk per week. This can be described command economy. The correct option is c.
How does the command economy affect society?Abuse of monopolistic power can be avoided in command economies. Mass unemployment, a characteristic of capitalist systems frequently, can be avoided in command economies. Command economies might generate items that advance society and guarantee that everyone has access to the basics.
In a command economy, the government or central authority makes all economic decisions, including what goods and services are produced, how they are produced, and how they are distributed. In this case, the government of Dairyland has set a limit on the amount of milk each farmer can produce, which is a command decision.
Thus, the ideal selection is option c.
Learn more about the command economy here:
https://brainly.com/question/19226815
#SPJ2
when one nation can produce a product with fewer resources relative to another nation, it is said to have a(n) in producing that product. responses relative advantage relative advantage economy of scale economy of scale absolute advantage
When one nation can produce a product with fewer resources relative to another nation, it is said to have an absolute advantage in producing that product. Therefore, the correct answer is option C: "absolute advantage".
This means that the nation is able to produce the product more efficiently and at a lower cost than the other nation. This can give the nation a competitive advantage in the global market and allow it to specialize in producing and exporting that product.
Thus, the correct answer to this question is C: "absolute advantage".
You can learn more about absolute advantage at
https://brainly.com/question/1655791
#SPJ11
imagine that a country has 870.2 million people employed, 60 million people unemployed, 12 million people in prison, and 30 million people younger than age 16. what is the country's unemployment rate?
6.45 percent is the country's unemployment rate.
When expressed as a percentage of the labor force, the unemployment rate shows how many individuals are unemployed (the labor force is the sum of the employed and unemployed). By multiplying (Unemployed Labor Force) by 100, one may find the unemployment rate.
What equation is used to get the labor force participation rate?The labor force is divided by the total population of people who are working-age to determine the labor force participation rates. Ages 15 to 64 are considered to be the working age population. The percentage of each age group is used to calculate this indicator, which is split down by age.
1946 to 1964. Consider a nation where there are 870.2 million people in employment, 60 million people without jobs, 12 million people incarcerated, and 30 million children under the age of 16. How much unemployment is there in the nation? [60 + 870.2] 100 = 6.45 percent.
Learn more about unemployment rate here:
https://brainly.com/question/27413958
#SPJ4
QUESTION 4 Risk Management: The following phrase defines/explains Tier 1: • Tier 1 addresses the risk of an organization from the view of establishing and implementing a Governance structure that are inline with the strategic goals and objectives of organizations and the requirements defined by federal laws, directives, policies, regulations, standards, and missions/business functions. It also defines the following: o Structure • Establish the risk management strategy • Governance True O False
True By doing so, Tier 1 ensures that risk management is embedded in the organization's decision-making processes and aligns with its strategic direction.
The statement is true. Tier 1 in risk management refers to the level that focuses on establishing and implementing a governance structure aligned with the strategic goals and objectives of the organization. It involves ensuring compliance with federal laws, directives, policies, regulations, standards, and missions/business functions. Tier 1 is responsible for defining the risk management strategy and governance framework within the organization. This includes setting up the necessary structures and processes to effectively manage risks and ensure that risk management practices are integrated into the overall governance framework
Learn more about management here:
https://brainly.com/question/32216947
#SPJ11
How long do you have to be employed to buy a house.
An airline knows that there are two types of travelers: business travelers and vacationers. For a particular flight, there are 100 business travelers who will pay $600 for a ticket while there are 50 vacationers who will pay $300 for a ticket. There are 150 seats available on the plane. Suppose the cost to the airline of providing the flight is $20,000, which includes the cost of the pilots, flight attendants, fuel, etc. How much profit will the airline earn if it engages in price discrimination
Answer:
The answer is "$55000".
Explanation:
When discrimination against prices is practicable, $600 would be charged to travelers and $300 to tourists. Now,
Total revenue(TR) \(=P \times Q\)
\(=600\times 100+300 \times 50 \\\\ =600\times 100+15,000 \\\\ =60,000+15,000 \\\\=\$75,000\)
Total Cost(TC)\(=\$20000\)
Profit\(=TR-TC\)
\(=\$75000-\$20000 \\\\ =\$55,000\)
Explain one reason why a business may use social media to promote
Answer:
Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers
Explanation:
• Find an example of a market that seems to be perfectly competitive. Explain how your example satisfies the four conditions necessary for perfect competition. Do sellers in the market you've described brand themselves to consumers? Does this support the idea that this market is perfectly competitive? Explain. • Do different sellers in the market you've described charge different prices for their product? Does your answer support the idea that this market is perfectly competitive? Explain. • Does it seem as if the example you mentioned is allocatively efficient? In other words, does the market produce enough of this good (or does it produce too much or too little)? Explain.
The agricultural market for wheat appears to be perfectly competitive, satisfying conditions such as a large number of buyers and sellers, a homogeneous product, free entry and exit, and perfect information.
How does the wheat market satisfy conditions for perfect competition?One example of a market that seems to be perfectly competitive is the agricultural market for a widely traded commodity such as wheat. Here's how this market satisfies the four conditions necessary for perfect competition:
1. Large number of buyers and sellers: The wheat market typically involves a large number of buyers (e.g., food processors, bakeries, etc.) and sellers (e.g., farmers, agricultural companies, etc.). No single buyer or seller has the ability to significantly influence the market price of wheat.
2. Homogeneous product: In a perfectly competitive market, the product sold by different sellers is virtually identical, making it difficult for consumers to differentiate between them. Wheat is a standardized commodity, and wheat produced by one farmer is largely indistinguishable from that produced by another. Therefore, the product is homogeneous in nature.
3. Free entry and exit: The wheat market allows for relatively easy entry and exit of sellers. New farmers can enter the market without facing substantial barriers, and existing farmers can exit if they find it unprofitable. This ease of entry and exit helps maintain a competitive market structure.
4. Perfect information: Buyers and sellers in the wheat market have access to complete information regarding the prevailing market conditions, including prices, quantities, quality standards, and other relevant factors. This enables them to make informed decisions about buying and selling wheat.
Regarding branding in this market, sellers in the wheat market typically do not heavily brand themselves to consumers. While some large agricultural companies may have recognizable brand names, the focus in the wheat market is more on the quality and specifications of the wheat itself rather than branding. Therefore, the absence of significant branding supports the idea that the market is perfectly competitive.
In a perfectly competitive market, different sellers do not charge different prices for their products. This is because the product is homogeneous, and consumers can easily switch between sellers based on price alone. In the wheat market, sellers usually quote similar prices for the standardized wheat they offer.
Therefore, the absence of price differentiation among sellers supports the idea that this market is perfectly competitive.
Regarding allocative efficiency, the wheat market tends to be allocatively efficient. Allocative efficiency means that the market produces an optimal quantity of a good, where marginal cost equals marginal benefit. In a perfectly competitive market, resources are allocated efficiently because individual producers cannot influence prices.
They have to adjust their production levels based on market forces. The wheat market responds to changes in demand and supply, and the price mechanism guides farmers to produce the quantity of wheat that maximizes societal welfare. However, fluctuations in weather conditions and supply disruptions can sometimes lead to temporary imbalances in the market, resulting in shortages or surpluses. Overall, the wheat market strives to be allocatively efficient, but external factors can impact its efficiency from time to time.
Learn more about: market
brainly.com/question/15483550
#SPJ11
Lili spent $120 on a new sweater rather than using this money to buy her personal finance textbooks. The cost of doing without the textbooks is called the cost of buying the sweater. Group of answer choices
Answer:
opportunity cost
Explanation:
The opportunity cost is the cost that is incurred for purchasing any other thing in place of one thing or we can say it is a sacrification done to purchase another thing
Here in the question it is mentioned that the Lil spent $120 for purchasing a new sweater instead of buying her finance textbooks also the cost of buying the sweater is known as the non doing textbooks cost
So here it is a opportunity cost
A business-level strategy is: a. a marketing and positioning program designed to explain a business to its customers. b. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market. c. the actions the firm takes by selecting and managing a group of different businesses competing in different product markets. d. a set of actions and commitments through which the firm sells its products outside of its domestic market.
Which term describes a situation where the quantity of output rises, but the average cost of production falls?.
Economies of scale describe a situation where the quantity of output rises, but the average cost of production falls.
What do economies of scale result in a fall in?Economies of scale additionally result in a fall in common variable fees (average non-constant fees) with growth in output. this is brought about by means of operational efficiencies and synergies because of a boom within the scale of production.
Examples of economies of scale consist of accelerated purchasing power, community economies, and technical, economic, and infrastructural. While a firm grows too large, it may be afflicted by the alternative diseconomies of scale. that is wherein unit expenses start to grow to be extra high priced, due to increasing size.
Learn more about economies of scale here: https://brainly.com/question/780900
#SPJ2
Profit is revenue minus expenses. If your profit is $3,000 and your revenue is $50,000, what are your expenses?
After accumulating $124,765 in your retirement account, how much may you withdraw annually for twenty years if you earn 5 percent? O $10,011O $8,955 O $6,238 O $7.432
You may withdraw $8,955 annually for twenty years if you earn 5 percent on your retirement account of $124,765. The correct option is O $8,955.
To find out how much you may withdraw annually for twenty years if you earn 5 percent, you can use the following formula:
PV = PMT × [1 − (1 + r)−n] / r Where PV is the present value, PMT is the payment, r is the interest rate, and n is the number of periods.
In this case, PV = $124,765, r = 5% = 0.05, and n = 20.
Plugging in the values into the formula, we get:
$124,765 = PMT × [1 − (1 + 0.05)−20] / 0.05
Solving for PMT, we get:
PMT = $124,765 × 0.05 / [1 − (1 + 0.05)−20]
PMT = $8,955
Therefore, the correct answer is $8,955. You may withdraw $8,955 annually for twenty years if you earn 5 percent.
The correct option is O $8,955.
For more such questions on Withdrawals.
https://brainly.com/question/14897059#
#SPJ11
what would happen to the per-worker production function and the capital to labor ratio if more children went to school in a country and then grew into adult workers? [reworded slightly from the multiple choice question in the 1st stage]
The per worker production function is a formula that helps organizations and economies determine the productivity of a single employee. It uses either land available or capital invested as one of the function's variables, depending on which model you're following for your calculations.
What would happen to the per-worker production function and the capital to labor ratio if more children went to school in a country and then grew into adult workers?
When more children receive education and become skilled adult workers, the per-worker production function is likely to increase. This is because education enhances the human capital of the labor force, leading to higher productivity and output per worker. As a result, the production function would shift upwards.The capital to labor ratio, which is the amount of capital divided by the number of workers, might be affected as well. As more educated workers enter the labor force, the demand for capital may increase to take advantage of their higher productivity. If the capital stock doesn't grow at the same rate as the labor force, the capital to labor ratio may decrease. However, if investments are made to increase the capital stock alongside the growing labor force, the capital to labor ratio could remain stable or even increase.In summary, increased education and skilled adult workers would likely lead to a higher per-worker production function and could have varying effects on the capital to labor ratio, depending on capital investments in the economy.
to know more about the per worker production:
https://brainly.com/question/28139693
#SPJ11
Suppose the market price of chicken wings in a university town recently increased. Economics students studying at the university are discussing potential causes of the price increase. One group of students theorize that the price increased because several wing joints in the area have recently gone out of business. Others claim the increase in the price of chicken wings is because of a recent decrease in the price of beer.
Everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of hops, which are not generally used in making chicken wings.
The first group of students claim the increase in the price of chicken wings can be attributed to the fact that several wing joints in the area have recently gone out of business.
This may explain the price increase, as the decreased competition in the economics market could lead to an increase in price.
What is economics market?Economics market is an environment where buyers and sellers interact in order to exchange goods and services for money. It is the basis for the study of economics, which is the study of the production, distribution, and consumption of goods and services. Markets can be divided into different types depending on the nature of the product or service being exchanged. The two primary types of markets are the perfect competition market and the imperfect competition market. Perfect competition markets are those in which all buyers and sellers are equal and have access to the same information.
To learn more about economics market
https://brainly.com/question/27993595
#SPJ1
The two best signs of good strategy execution are whether: the company is challenging its current performance targets and whether value chain activities are fully integrated within the strategic response criteria. managers are personally leading the change process and whether they are meeting deadlines set for budgetary requirements. the company is meeting or beating its performance targets and whether it is performing value chain activities in a manner that is conducive to companywide operating excellence. managers are fully behind the changes and whether the company's value chain managers are executing them diligently. the company identifies what the organization must do and how to make the necessary internal changes.
Answer: the company is meeting or beating its performance targets and whether it is performing value chain activities in a manner that is conducive to companywide operating excellence.
Explanation:
The execution of a good strategy requires a team effort with every managers using their authority to ensure that all the workers under them take active part in the execution of the strategy.
The two best signs of good strategy execution are whether the company is meeting or beating its performance targets and also whether the company is performing value chain activities in a manner which is conducive to companywide operating excellence.
how Is productivity determined?
a.by measuring The relationship to inputs and outputs
b. by comparing the profitability of competing markets
c. by measuring the relationship between supply and demand
d. by comparing the number of hours worked by all employees
Answer:
a. by measuring The relationship to inputs and outputs
Explanation:
Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.
Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.
Statutes are considered a primary source of law.
O True
O False
Answer:
This is True
Good luck!!
Answer:
TRUE
Explanation:
edge 2022
Gary and Florence are hired at the same time for the same position. They are both equally qualified, but Florence, who is blind, is paid less because the company thinks she will not be able to complete as much work as Gary. This is an example of
ethnic discrimination
disability discrimination
racial discrimination
religious discrimination
please answer this aspa!