Answer: $648 thousand
Explanation:
When calculating the Service Cost of the following formula is used,
Service cost = PBO Ending + Retire benefits - interest cost - PBO beginning
The Interest cost is based on the Actuary's discount rate which is the current cost if future obligations and is set against the opening balance.
We subtract the opening PBO because the service fee is set for this year.
Plugging in the figures we have,
= 6,504 + 624 - ( 6,000*0.08) - 6,000
= $648
$648 thousand is supposed to be the Service cost but I do not see it in the options.
Perhaps these options are for calculating something else, say the Pension expense?
<h2>Answer 1</h2>
B. Shared debt liability
<h3>Explanation</h3>
Both sole proprietorship and partnership are unincorporated businesses whereby in case of bankruptcy, the person or the partners has to give up their personal assets in order to pay off the accumulated debt.
<h2>Answer 2</h2>
B. Financial Capital
<h3>Explanation</h3>
In this situation Renee needs more and more amount of funds in order to initiate her business venture. However, due to lack of funds, she is not able to open her business and enjoy being her own boss. Th primary reason is lack of funds which highlight the lack of financial capital that is not present within her business. With funds, she can achieve her target business venture.
<h2>Answer 3</h2>
B. Both have Investors
<h3>Explanation</h3>
Both of the business structures have this thing in common that both of models tend to enjoy the prevalence of investors that provide capital in form of money to be invested in the business to meet the financial need of the business. Sole ownership doesn't have this feature and therefore of all the options present, this is the most optimal answer present.
<h2>Answer 4</h2>
A. equal product information for buyers and sellers
<h3>Explanation</h3>
Purely competitive market is where the market tends to set the price since the information is openly available with all the consumers and suppliers and no individual person either it be a consumer or a supplier can change or bring amendment in the price of the commodity being sold. This therefore enables complete information available with the buyers and sellers in the market.
<h2>Answer 5</h2>
D. Pure competition
<h3>Explanation</h3>
It is most difficult to become a competitive producer in a pure competition because a producer's attempt to differentiate his product in the market will cost him increased cost on the commodity sold and hence earn no extra benefit since the price is same for all and the product being sold in the market is homogeneous in nature and that consumers are not willing for differentiation to prevail.
<h2>Answer 6</h2>
C. Senses
<h3>Explanation</h3>
The advertisement line about diamonds tends to target your senses by establishing that your demand for diamonds can only fulfilled by the finest category of diamonds and the finest will be provided the company putting up that advertisement and hence creating a competitive edge in the minds of it customers by making a perception that it supplies the fines quality present.
<h2>Answer 7</h2>
A. money collected through product sales
<h3>Explanation</h3>
Business revenue is the amount of the money generated by the sales that it makes and hence the product of the quantity sold and the price charged on each unit sold by the company. Revenue is more concerned with the sales made, whereas the costs is the money paid for the production and the difference of business revenue and costs, is essentially the profit generated by the business.
Answer:
The cost of goods manufactured is $30,350
Explanation:
For computing the cost of goods manufactured., following steps is to be followed which is explained below:
Step 1 : First we have to compute the cost of raw material produced. The formula is shown below:
= Opening raw material + Purchase = ending raw of material
= $5,500 + 7,400 - 4,000
= $8,900
Step 2: Add the direct labor, deprecation, factory repairs, beginning work in progress inventory to the raw material produced value and than deduct the ending work in progress inventory.
In mathematically,
Raw material produced + direct labor + deprecation on factory equipment + factory repairs + beginning work in progress inventory - ending work in progress inventory
= $8,900 + $12,250 + $6,500 + $3,300 + $5,700 - $6,300
= $30,350
The beginning and ending value of finished goods of inventory is not being considered in the computation part of cost of goods manufactured. Thus, it is not taken.
Hence, the cost of goods manufactured is $30,350
1) CORRECT
2) If it was an administrative assistant then this would be correct
3) A bachelor's degree
Answer:
Current money obligation coverage is determined by partitioning net money gave by working exercises by the normal absolute liabilities.
It shows the amount of the organization's absolute liabilities can be secured (paid) with net money from working exercises. As it were, this proportion is one of the proportions of the organization's money related adaptability and steadiness.
In the given instance of Coca-Cola and Pepsi the Current money inclusion proportion of Pepsi is higher (34%) when contrasted with Coca-cola(28%). This implies Pepsi money age from its working activities is better when contrasted with its Average all out liabilities than Coca-Cola. This proportion shows that if Pepsi is producing money from activity to the sum it can pay 34% of its normal all out liabilities where as coca-cola can create 28% money from tasks to take care of normal complete liabilities. In the given money pepsi is better.
Money obligation proportion is a little deviation from Current obligation proportion as from the numerator "income from activities" , profit is subtracted and afterwards the equalization money is separated by the normal absolute liabilities.
For the Coco-cola and Pepsi case , this proportion is better for Coca-cola that implies Coca-cola delivers less profits when contrasted with Pepsi that is the reason the rate inclusion of Pepsi is diminished from 34% to 12%(22% decline) and Coca-cola decrease is just 13%.
