$659,986.20 is the amount the client need to invest now. as client wishes to purchase an annuity that pays $120,000 each year for 10 years
Explanation:Annual Payment = $120,000
Number of Payments = 10
Interest Rate = 6%
First payment is made in 6 years from now
Amount Invested = $120,000/1.06^6 + $120,000/1.06^7 + … + $120,000/1.06^14 + $120,000/1.06^15
Amount Invested = $120,000 (1/1.06)^5 (1 - (1/1.06)^10) / 0.06
Amount Invested = $120,000 * 5.499885
Amount Invested = $659,986.20
Thus, To purchase this annuity, the customer must make a current investment of $659,986.20.
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describes employees who are allowed to work remotely.
Networked staff
Overtime employees
Telecommuting employees
Salaried employees
Answer:
Telecommuting employees.
Explanation:
There are numerous mediums or ways of working in the corporate world. telecommunication is one such way in which the employees are allowed to work from a remote place and do not necessarily need to come to the employer's office to do work.
Telecommunication is also known as work from home, remote work, flexible work, mobile work, etc. among others. This allows the employee to work in his/ her own space, comfort zone and also need not make them go through the hassle of traveling to and back from the office. This, in return, makes it good for the company to reduce costs be it in travel allowances, office space, and other amenities, etc.
Answer:
telecommuting employees
Explanation:
got it right on my quiz
in what way is the tangible measure of the value of a person to the organization expressed?
a. in wages
b. with promotion
c. with benefits
d. with compensation
e. in career palnning
The tangible measure of the value of a person to the organization is expressed through compensation.
Compensation refers to the total package of rewards and benefits that an employee receives in exchange for their work and services, including wages, salaries, bonuses, and other forms of financial and non-financial compensation.
Compensation is an important way for organizations to recognize the value that employees bring to the organization and to incentivize them to continue performing at a high level. It reflects the organization's assessment of an employee's skills, knowledge, experience, and contributions to the organization, and is often tied to performance metrics and targets.
While promotion, benefits, and career planning can also be used to recognize and reward employees for their contributions to the organization, they are not the same as compensation.
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This OS was created by a developer named Torvalds. Linux Mac Unix Windows
Answer:
Linux.
Explanation:
Linus Torvalds is a Finnish computer programmer, creator of the Linux operating system kernel in 1991. Torvalds began developing his project through research done in a particular way during his spare time, using his own computers, tools and spare parts, and taking the Minix operating system as a starting point, seeking to create his own operating system to use on his own personal computers. Finally, as a result of this development, Torvalds created the largest and best-known open software operating system today.
Perform online research to find a car you would like to have. Find out how much it would cost to lease the vehicle, and how much it would cost to own it. In about 500 words, explain how you will decide whether to lease or purchase the car. Any car of your choice.
Answer: 2022 Tesla Model 3 Standard Sedan
Explanation:
The price of a lease for a Tesla varies according to their type and model. For the sake of comparison of each Tesla model below, each of the pricing options is a result of the following terms: 36-month lease, 12,000 miles per year. For the two newer models (3 and Y), we will pay the minimum $4,500 down payment. For the veteran models (X and S), we will use the minimum required $7,500 down payment. Meanwhile, simply purchasing the vehicle could cost anywhere from $50k to $80k.
Personally, after reviewing the two prices as well as considering any other possible fees and costs, I would most likely lease a Tesla due to its cost being much lower.
.The Banking Crisis of 2008
The banking crisis of 2008 is quite interesting to analyze. The factors that led to this near banking collapse are intriguing to say the least. In this exercise you will be evaluating the factors that led up to the crisis and determining which ones could have created this scenario.
There is no simple answer to what led to the banking crisis, as there were many factors that contributed over a long period of time. Understanding the factors that led to the crisis is very important, as such an understanding will help regulators prevent similar situations in the future.
Fore each item listed, select how much it contributed to the banking crisis.
1. The repeal of some provisions of the Glass-Steagall Act of 1933
a) Major contributor
b) Not a major contributor
2. Savvy individual investors
a) Major contributor
b) Not a major contributo
3. The Community Reinvestment Act (CRA)
a) Major contributor
b) Not a major contributor
4. Borrowers’ lack of financial knowledge
a) Major contributor
b) Not a major contributor
5. The Troubled Asset Relief Program (TARP)
a) Major contributor
b) Not a major contributor
6. Mortgage-backed securities (MBSs)
a) Major contributor
b) Not a major contributor
The banking crisis of 2008 was the result of various factors, and it is important to evaluate their contributions to understand the scenario.
The repeal of certain provisions of the Glass-Steagall Act of 1933, which separated commercial and investment banking, is considered a major contributor to the crisis. The removal of these regulations allowed banks to engage in riskier activities, contributing to the collapse.
Savvy individual investors, the Community Reinvestment Act (CRA), and borrowers' lack of financial knowledge are not considered major contributors to the crisis. However, the Troubled Asset Relief Program (TARP), implemented to stabilize financial institutions, is regarded as a major contributor.
Additionally, mortgage-backed securities (MBSs), which were complex financial instruments tied to housing market risks, played a significant role in the crisis. Understanding these factors helps regulators prevent similar situations in the future.
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What are personal loans?
Answer:
personal loan is a specific amount of money you can borrow from the bank, with a fixed interest rate and you pay it back within a predetermined amount of time.
to secure a business license you should contact your local business licensing bureau or the?
The AIB (Automated Inquiry Bureau) system provides bank representatives with access to relevant customer account information and tools to perform their job functionalities. This allows them to assist customers and address inquiries effectively.
Some of the key functionalities and features provided by the AIB system to bank representatives include:
Customer Account Information: The AIB system provides comprehensive access to customer account details, such as balance information, transaction history, account status, and contact information. This allows bank representatives to quickly retrieve and review customer data when assisting with inquiries or performing transactions on behalf of customers.
Transaction Processing: The AIB system enables bank representatives to process various types of transactions on customer accounts. This may include fund transfers, bill payments, account updates, and other financial transactions. The system provides a secure and efficient platform for executing these transactions accurately.
Customer Service Support: The AIB system may offer customer service support tools, such as customer relationship management (CRM) functionalities. These tools allow bank representatives to track and manage customer interactions, record notes, and provide personalized assistance based on individual customer needs.
Reporting and Analytics: The AIB system may generate reports and analytics related to customer accounts, transactions, and other relevant data. Bank representatives can utilize these reports to gain insights into customer behavior, identify trends, and provide informed recommendations or solutions to customers.
Security and Compliance: The AIB system incorporates security measures to protect sensitive customer information and ensure compliance with regulatory requirements. This includes user authentication, access controls, encryption, and audit trails to maintain the confidentiality and integrity of customer data.
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the delcining balance method of calculating interest results in ammortization of the amount owed quizl
The correct option is False.
The declining balance method of calculating interest does not result in the amortization of the amount owed. The declining balance method, also known as the diminishing balance method, is a common method used in calculating interest on loans. With this method, interest is charged based on the outstanding balance of the loan. As the borrower makes payments, the outstanding balance decreases, and the interest charged is based on the remaining balance.
Ammortization, on the other hand, refers to the process of gradually reducing the principal amount of a loan through regular payments over a specific period. In an amortizing loan, each payment includes both principal and interest, with a portion of the payment applied towards reducing the loan balance.
While the declining balance method is commonly used for interest calculations, it does not involve the systematic reduction of the loan principal that is characteristic of loan amortization.
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fill in the blank with the most appropriate answer. many clever sales messages combinerational and emotional appeals in the interest section of the message.
Many clever sales messages combine rational and emotional appeals in the interest section of the message.
In the interest section of a sales message, marketers often employ a combination of rational and emotional appeals to capture the attention and interest of the audience. Rational appeals appeal to the logical and practical aspects of the product or service, highlighting its features, benefits, and value proposition. These appeals provide factual information, statistics, and logical reasoning to convince the audience of the product's usefulness and effectiveness.
On the other hand, emotional appeals tap into the audience's feelings, desires, and aspirations. These appeals aim to create an emotional connection with the product or service by invoking emotions such as happiness, excitement, fear, or nostalgia. Emotional appeals often use storytelling, testimonials, imagery, and persuasive language to evoke emotional responses and generate a positive perception of the product or service.
By combining rational and emotional appeals, clever sales messages strike a balance between presenting factual information and stirring up emotions. This approach allows marketers to engage both the logical and emotional aspects of the audience's decision-making process, increasing the chances of creating a strong interest in the product or service.
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Price of Video Game Quantity Supplied
of Video Games Quantity Demanded
of Video Games
$50
0
500
$75
50
325
$100
200
200
$150
250
100
$200
400
0
In the supply-and-demand schedule shown above, at the equilibrium price, the quantity supplied is _____ and the quantity demanded is _____.
0, 500
200, 200
400, 0
The equilibrium price in the supply-and-demand schedule indicated above is $100.
For $100, the amount of video games delivered and the quantity of video games sought are equal to 200 = 200.
The equilibrium price is equal to the number of goods that sellers are willing and able to sell (200 - 200 = 0).
What does the term "equilibrium pricing level" mean?An equilibrium price, also known as a market-clearing price, is the consumer cost given to a product or service at a point where supply and demand are equal or nearly equal. The producer or seller can sell as many units as they want, and the buyer can buy as many as they want. In economics, the equilibrium price is found by squaring the supply and demand functions and solving for the price. The point at where the supply and demand curves cross is known as the equilibrium point. The point indicates the best price and quantity. It is computed by solving equations for the quantities sought and provided (a - bP = x + yP).
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which statement describes a main advantage of using cash over other forms of payment
The main advantage of using cash over other forms of payment is that its eliminates the possibility of overspending.
How does cash eliminates overspending?While doing a physical transaction, there will not be a situation of overspending because the person can not purchase more than the cash value he/she has on him/her.
Hence, the main advantage of using cash over other forms of payment is that its eliminates the possibility of overspending.
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Many customers shop at Organic Foods because of the employees' extensive product knowledge. In a SWOT analysis, the employees' high levels of product knowledge are an example of the company's
Answer:
The answer is Strength
Explanation:
SWOT analysis stands for:
S - Strength
W - Weakness
O - Opportunity
T - Threat.
In the question, strength captures the scenario. Strength is a resource that can be used as a competitive advantage to attract customers. Customers see this strength and they are attracted by it.
Other examples can be, respect, creativity etc.
what is the fundamental assumption upon which the concept of consumer rationality is based?
The concept of consumer rationality is based on the fundamental assumption that consumers make decisions based on their rational self-interest. In other words, consumers are assumed to carefully consider the costs and benefits of different options and choose the option that provides the greatest utility or satisfaction.
This assumption is based on the idea that consumers are rational beings who have access to all the relevant information needed to make informed decisions and have the ability to process this information accurately and logically. However, it should be noted that this assumption has been subject to criticism, with some arguing that consumers do not always act rationally due to biases, limited information, and emotional factors. Overall, the assumption of consumer rationality is a foundational concept in economics and is used to understand consumer behavior and market dynamics.
The fundamental assumption upon which the concept of consumer rationality is based is that consumers make decisions to maximize their utility or satisfaction while considering their budget constraints and available options. In other words, consumers are assumed to make choices that provide them the greatest benefit while minimizing costs, and they consistently apply this principle in their decision-making processes.
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how to get stimulus check 2021 if you didn t file taxes
Answer:
you may need to file a 2020 tax return even if you don’t traditionally file.
Explanation:
This FAQ can help you understand how the system works and what you can do to claim any stimulus that you may be eligible to receive.
When a driver encounters bad weather,the first thing to do is to look for the controls for things like the defroster,wipers,and lights. True or false
Answer:
true
Explanation:
When a driver encounters bad weather, the first thing to do is to look for the controls for things like the defroster, wipers,and lights is a true statement.
Who is a driver?A driver is a worker who transports customers in a quick, safe, and effective manner. Drivers select routes based on the state of the roads in as well as keeping up with weekly/monthly maintenance schedules for their vehicles and handling on-time payments.
if a person is driving and encounters bad weather it will be in respect to various things like d foster, wiping controlling and the light that is being provided at that point in time. Then that person must first defrost and white the things so that there will not be any kind of damage or accident that might happen on the road or collision with another.
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In order for a research study to be effective in this people as well designed in the early focus they require this researcher to
In order for a research study to be effective in this people as well designed in the early focus they require this researcher to define the problem and research objectives.
What is Research?An in-depth analysis of information and data is known as research, and it is done in order to provide results that will be used for new research by providing credentials with facts and figures.
The researcher will save time and money if the problem and study objectives are clearly stated. It also makes it easier for the researcher to understand the context and arrive at the conclusion.
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what are the four important decisions made when developing an advertising program? list them in order.a. Setting objectives, setting the budget, developing strategy, and evaluating effectivenessb.Setting objectives, setting the budget, determining the impact on sales and profits, and determining the return on investmentc.Setting the budget, setting objectives, developing strategy, and evaluating effectivenessd.Setting objectives, setting the budget, developing message strategy, and determining media timinge. Developing message strategy, developing message execution, selecting media, and determining media timing
these four choices made when creating an advertising campaign. establishing advertising goals, deciding on an advertising budget, creating an advertising plan, and assessing success of the advertising.
Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in consumers' minds, commercial advertising frequently aim to boost consumption of their goods or services.
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below is the eqrv screen for morgan stanley that you just created. based on this information alone, would a portfolio manager consider morgan stanley cheap or expensive relative to its peers?
Based on the EQRV screen for Morgan Stanley that you just created, a portfolio manager would consider Morgan Stanley cheap or expensive relative to its peers by comparing various financial ratios and metrics.
Such as Price-to-Earnings (P/E) ratio, Price-to-Book (P/B) ratio, and Dividend Yield. If Morgan Stanley's ratios are lower than its peers, it could be considered cheap. Conversely, if the ratios are higher, it might be considered expensive.
Morgan Stanley cheap or expensive relative to its peers based on a comparison of these metrics to those of similar companies in the industry.
To make a more informed decision, the portfolio manager should also consider other factors such as growth prospects, financial health, and industry outlook.
Ultimately, a portfolio manager would need to conduct a thorough analysis of the company's financials and industry trends to determine whether it is a good investment opportunity.
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The "Heading1" paragraph style is a good choice to make a chapter name in a document stand out. False True
Answer:
The given statement is "True".
Explanation:
Content formatted with either a heading style initially appeared whenever users are using the perpendicular scroll pointer to peruse a memorandum. Headings can indeed be broadened and sometimes disappeared, as a component of Word’s overview component. Throughout the Navigation window, headings display as users check for text. Because once making a chart of material, individuals would be included.So the one listed above will be the right one.
The Pirates of Penzance Company delivers goods to various areas around the world. The company has a great reputation for being prompt on its deliveries. Blackbeard is the owner of the company. Davy Jones works for Blackbeard as an underpaid sailor. Davy knew that Blackbeard loved to read while they were transporting their deliveries and that his favorite book was The Adventures of Huckleberry Finn. Davy gave Blackbeard a valuable first edition of Twain's work hoping that Blackbeard would give him a raise in pay. A day later, Blackbeard promised to give Davy a pay raise of 18% because he was very pleased with the book. The following week when Davy received his check, he noticed that the raise was missing and he asked Blackbeard for the money. Blackbeard refused to give him his raise and Davy filed suit. Decide the outcome.
The outcome here is that the court would make blackbeard to give the pay raise that he promised to Davy.
The breach of promise.Davy may decide to sue because there has been a breach here. He may decide to sue under the proprietary estoppel.
He already met with what was required of him by providing the book to Blackbeard. It was Blackbeard that was unable tyo meet up with his own part.
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take a look at the information you have so far. a plate usually sells for $8 beta alpha gamma wants to buy 100 plates for $5.25 per plate should the truck take the special order?
If Alpha Beta Gamma wants to buy 100 plates at $5.25 each, then the truck should take the special order.
Here, correct answer will be
This is because the company is offering a price that is significantly lower than the usual price of $8 per plate.
In addition, the truck may be able to make a good profit on the order, as the difference between the regular and the special price is more than $2.50 per plate. Furthermore, the truck can benefit from the sale of the plates in terms of the number of sales, customer satisfaction, and customer loyalty.
Therefore, it would be beneficial for the truck to take the special order from Alpha Beta Gamma.
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A new business has total sales of $14,000, applied $1,350 in merchandise discounts, and had returns of $234. Calculate the business's total net sales.
Answer:
$12,416
Explanation:
Applied merchandise discounts mean discounts issued.
The net sales will be total sales minus merchandise discounts applied minus returns.
Net sales = total sales - ( discounts + returns)
Net sales = $14,000 - ( $1,350 + $234)
Net sales = $14,000 - $1,584
Net sales = $12,416
A category of persons who have similar opportunities to obtain economic resources, power, and prestige and who are ranked high and low in relation to each other is called:
A category of persons who have similar opportunities to obtain economic resources, power, and prestige and who are ranked high and low in relation to each other is called a **social class**.
Social class refers to a system of stratification in society where individuals or groups are grouped together based on their socioeconomic status, which includes factors such as income, occupation, education, and wealth. Different social classes exist within a society, and individuals within these classes share similar opportunities and experiences in terms of economic resources, power, and social standing.
Social class can have a significant impact on individuals' lives, including access to education, healthcare, employment opportunities, and overall quality of life. It often plays a role in determining social mobility and the distribution of resources and opportunities within a society.
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Which problems does Jason seem to face as an entrepreneur? Jason currently runs a small manufacturing business. Jason’s parents, who ran the business for years, handed over the business to their only son two years ago. However, Jason is not interested in his family business, and his performance as an entrepreneur has been very poor. The main problem is that Jason is not 1. competitive 2. driven 3. energetic enough to succeed in the manufacturing business because he lacks the 1. passion 2. creativity 3. determination for it.
Answer:
driven,passion
Explanation:
Click to see additional instructions Suppose a firm is considering hiring an additional worker. The firm's initial costs when hiring a worker include hiring and training costs of $50. The wage rate for each period of employment is W--$100 (the same for all periods), and the value marginal product of the additional worker is also the same in every period, VMP-=VMP (a constant). Assume the interest rate is zero (the firm has no discounting factor over time). A. Write out this firm's profit maximizing employment rule for an employment length of two periods (t=0 and t=1). For this firm the present value of the (marginal) costs of hiring an additional worker for two periods is $ . The firm will make positive profit from this worker if VMP is above $ . If VMP=$110, is it worth it to hire an additional worker who will stay 3 periods? (Enter 1 for "yes" or -1 for "no".) B. Now suppose that the union negotiates a signing bonus of $100 which the firm must pay initially (in addition to the hiring and training costs) when it hires a worker. Write out the new profit maximizing employment rule for two periods. The firm breaks even from hiring the additional worker for two periods if VMP is $ . In order for an additional worker to be worth hiring for 3 periods, VMP must be at least $ C. Consider how a signing bonus (as in part B) would compare with a wage raise instead. Suppose the union obtains a wage raise of $25 instead of a signing bonus of $100 and the employment length will be 3 periods. With the wage increase, the present value of the costs of an additional worker will be (Enter 1 for "higher", O for "the same" or "-1 for "lower") and the firm's willingness to hire will be (Enter 1 for "greater", 0 for "the same" or "-1 for "less") than with the signing bonus. Is this the true for longer employment durations? (Enter 1 for "yes" or -1 for "no".) D. Now suppose expected employment is 4 periods and the union raises wages by $25 in addition to introducing a signing bonus of $100. This is naturally expected to affect employment, but it is also possible that unionization has a positive influence on productivity. In order for the firm to maintain the same level of hiring under these circumstances as without a union, it would have to be the case that unionization also increases VMP by $ E. Recall that unionized workers often have lower turnover rates, and that in addition to increasing wages and/or affecting quasi-fixed costs of labour, unions may also influence productivity. Identify what changes to the values of variables in equation 6.1 relate to each of these factors.
A. Profit maximizing employment rule for an employment length of two periods (t=0 and t=1):According to the profit maximization rule, VMP=W so the firm hires until W=VMP. In this scenario, the firm makes a profit by hiring the worker if the VMP is greater than $150.
The present value of the marginal cost of hiring an additional worker for two periods is $200. It is not worth it to hire an additional worker who will stay for three periods as the VMP is not greater than $150.
B. New profit maximizing employment rule for two periods:With the signing bonus, the profit maximization rule becomes VMP = W + ($50 + $100) / 2. The firm breaks even from hiring the additional worker for two periods if VMP is $125. For the firm to hire an additional worker for three periods, VMP must be at least $162.50.C. Comparison of signing bonus with a wage raise:With the wage increase, the present value of the costs of an additional worker will be lower and the firm's willingness to hire will be greater than with the signing bonus.
This is true for longer employment durations as well.D. In order for the firm to maintain the same level of hiring under these circumstances as without a union, it would have to be the case that unionization also increases VMP by $100.E.
The values of the variables in equation 6.1 are affected as follows:Increasing wages will increase the marginal product of labor.Increasing the bargaining power of labor will reduce quasi-fixed labor costs.Unions may influence productivity in ways that cannot be easily quantified.
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Why is compound interest preferable to simple interest when investing?
оооо
Compound interest pays at least double the interest on the principal during each month.
Compound interest is paid by the week or by the month, not only once during a year.
Compound interest is based on the entire principal, not just a percentage of the principal.
O Compound interest pays interest both on the principal and the interest earned in each period.
Answer:
O Compound interest pays interest both on the principal and the interest earned in each period.
Explanation:
Compound interest is preferred as it measures the interest on the principal amount and the accrued interest. In the compounding interest, the interest i.e. earned should be added to the principal in order to create the new principal amount. The interest earned at the closing of every year should be more than the last period as the principal amount rises at the starting of the period
Also, the interest earned via the compound interest should be grown much faster as we compared to the fixed rate interest
Therefore the last option is correct
Answer:
d. Compound interest pays interest both on the principal and the interest earned in each period
Explanation:
Question 7 of 10
How does fractional reserve banking add money to the
economy?
O A. By preserving the value of deposits while loaning
deposited money to others
B. By ensuring that banks maintain reserves covering
all of their deposits
OC. By giving banks the right to print money during
periods of economic emergency
D. By making sure that all loans are repaid by the
borrower's next payday
The answer is A. By preserving the value of deposits while loaning deposited money to others.
Fractional reserve banking refers to the practice where banks are only required to hold a fraction of their deposits in reserve and can lend out the rest. This means that banks can loan out a larger amount of money than they actually have on hand. When the loans are repaid, the money is deposited back into the bank, which can then be loaned out again, creating new money in the economy.
This process of lending and borrowing money, creates new money in the economy, and helps to stimulate economic growth. The money that is deposited in the bank is not idle, but it's put to use by loaning it out to borrowers, who in turn use it for different purposes, such as investments, buying goods and services and so on.
B. By ensuring that banks maintain reserves covering all of their deposits is not correct, as the whole point of the fractional reserve system is that banks are only required to hold a fraction of their deposits in reserve.
C. By giving banks the right to print money during periods of economic emergency is not correct as printing money is not the role of banks but of Central Banks.
D. By making sure that all loans are repaid by the borrower's next payday is not correct, as loans are not always repaid on the next payday but over a longer period of time.
Hope This Helps You!
The process of fractional reserve banking add money to the economy by by preserving the value of deposits while loaning deposited money to others. Thus, the correct answer is option A.
What is fractional reserve banking?Fractional reserve banking is the practise of banks merely holding a portion of their deposits in reserve and lending the remainder. This means that banks can lend out more money than they actually have on hand. When the loans are repaid, the funds are returned to the bank, where they can be given out again, creating fresh money in the economy.
This lending and borrowing process generates fresh money in the economy and contributes to economic growth. The money that is deposited in the bank is not idle, it is put to use by lending it to borrowers, who then use it for various purposes such as investing and purchasing commodities.
Therefore, banks preserving the value of deposits while loaning deposited money to others.
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For each of the following scenarios, determine whether the situation described can be attributed to the real-balances effect, th interest rate effect, or the foreign purchases effect a. As a result of an increase in the price level, the cost of borrowing increases, which causes people to buy fewer cars. - Real-balances effect - Interest-rate effect - Foreign-purchases effect
The scenario described can be attributed to the interest-rate effect.
When the price level increases, the demand for money increases as well.This leads to an increase in interest rates as people borrow more money.Higher interest rates increase the cost of borrowing, making it more expensive for people to buy cars. As a result, people will buy fewer cars. The real-balances effect is when an increase in the price level reduces the purchasing power of money, leading to a decrease in consumption. The foreign purchases effect is when changes in the exchange rate affect the demand for domestic goods and services by foreign consumers.Learn more about the interest-rate effect: https://brainly.com/question/30005476
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at the end of the current period oriole had a projected benefit obligation of and pension plan assets of what are the accounts and amounts that will be reported on the company's balance sheet as pension assets
The accounts and amounts that will be reported on the company's balance sheet as pension assets are:
1. Pension Plan Assets: The amount reported will be equal to the projected benefit obligation of the company.
2. Accrued Pension Benefit Liability: The amount reported will be equal to the difference between the projected benefit obligation and the pension plan assets.
The Pension Plan Assets account will be reported as the current market value of the pension plan assets.
The Accumulated Benefit Obligation account will be reported as the projected benefit obligation, which is the current value of the benefits that will be owed to employees in the future.
The difference between these two amounts is the company's net pension assets or liabilities.
For example, if the projected benefit obligation is $3 million and the pension plan assets are $2.5 million, the net pension assets would be reported as a liability of $0.5 million.
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When some countries increase their imports as a result of worldwide economic growth, other countries must be increasing their:___________
Answer:
exports as demand in all countries substantially rises.