+1-415-670-9189
info@expertsmind.com
Calculate the amount needed per employee
Course:- Managerial Accounting
Reference No.:- EM13166451





Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Managerial Accounting

A city government estimates that they must accrue $1.5 million per employee to finance each employee's retirement pension. If each employee works for an average of 30 years, how much per employee would the city have to invest today? Assume a discount rate of 10%. Then, calculate the amount needed per employee if the discount rate is not 10%, but 6%. If the workforce numbers 3,000, what is the total difference in cost between these two assumptions?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Managerial Accounting) Materials
Prepare summary journal entries to record (i) the requisition slips, (ii) the time tickets, (iii) the assignment of manufacturing overhead to jobs, and (iv) the completion o
How would you assessthe business risk of HIH Insurance Limited? - List several inherent risk factors effecting HIH at the financial report leveland whether they would have c
Prepare the statement of Cash flows for 2007, using the indirect method, with the financial statements and Classify each of the following transactions as an operating activity
Assuming the company limits its analysis to five years; estimate the internal rate of return of the e-commerce business. Should the company develop the e-commerce business if
Note that under kill costing, the company is showing a substantial loss in 2011. Based on the limited information available, does it appear that the company should get out of
Calculate the nonvalue-added usage and costs for materials usage and sustaining engineering. In particular, discuss what measures the company must take to capture any realized
Prepare the appropriate journal entry for each of the items above (a. through j.). You can assume that all transactions with employees, customers, and suppliers were conduct
HI5001 Accounting for Business Decisions Group Assignment. The assignment aims to develop an understanding of financial statements structure and their use in decision-making.