User Account

All Pages

Calculate the retirement benefit costs obligation

Assignment Help Accounting Basics
Reference no: EM133081527

Question - The retirement benefit plan (a defined benefit plan) provides for a lump sum benefits payable on termination of service which is equal to 1% of the final-year salary for each year of service. An employee commences work on 1/1/20X1 and is expected to be retired on 1/1/20x6. Her final-year salary is expected to be RM100,000. The discount rate is 10% per annum. Calculate the retirement benefit costs/ obligation.

Reference no: EM133081527

Questions Cloud

Prepare the disclosure in Significant Accounting Policies : Explain the situation in the Accounting Information System account for Intangible Assets and implications. Prepare disclosure in Significant Accounting Policies
Uniform commercial code importance : Understand the Uniform Commercial Code's (UCC) importance as applied to business contracts.
What would be the impact on DALA overall profits : DALA decides to sacrifice 100 units of sale to the existing customers to accommodate this special sale. What would be the impact on DALA's overall profits
Economy and industry and industry and company : Discuss the relationship, if any, between the economy and industry, and the industry and company.
Calculate the retirement benefit costs obligation : Her final-year salary is expected to be RM100,000. The discount rate is 10% per annum. Calculate the retirement benefit costs/ obligation
Persuasive statement on social responsibility : Provide a persuasive statement on social responsibility and the role that business leaders should play both locally and abroad.
What amount of loss on factoring should Hope World recognize : Hagsang assessed a fee of 2% and retains a holdback equal to 5% of the accounts receivable. What amount of loss on factoring should Hope World recognize
Why are ethics important : Why are Ethics Important. Why do you want to learn about ethics? What have you already learned about ethics and how have you formed your value system?
Calculate the present value of a perpetuity : Calculate the present value of a perpetuity that will pay out $7,500 every six months and the first payment is to be made four years from now

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd