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Question: a. Javier recently graduated and started his career with DNL Inc. DNL provides a defined benefit plan to all employees. According to the terms of the plan, for each full year of service working for the employer, employees receive a benefit of 1.5 percent of their average salary over their highest three years of compensation from the company. Employees may accrue only 30 years of benefit under the plan (45 percent). Javier works for DNL for six years and three months before he leaves for another job. Javier's annual salary was $70,000, $80,000, $90,000, and $95,000 for years 4, 5, 6, and 7 respectively. DNL uses a five-year cliff vesting schedule. Determine Javier's annual benefit on retirement, before taxes.
BUSN 5021 What is the value of lease assets and liabilities reported on the company's balance sheet and Assuming a 5% discount rate, estimate the amount of assets and liabilities that the company avoids reporting by using off-balance-sheet financin..
sams structures desires to buy a new crane and accessories to help move and install modular buildings. the machine
Magic Realm, Inc., has developed a new fantasy board game. Prepare a contribution format income statement for the game last year
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a company had a profit margin of 8. if net income equaled 56000 and average total assets equaled 337500 how much were
Which of the following would an auditor most likely use in determining the auditor's preliminary judgment about materiality?
Total 2008 gift of life insurance policy is 72,000. annual exclusions are 24,000 (two donees at 12,00). Current taxable gifts equal 48,000.
For Kroger Co., indicate whether the following transactions would increase, decrease, or have no effect on stockholders' equity.
using the statement on auditing standard as your source list one standard you think relates directly to gathering audit
(1) Sales. Salesclerks prepare sales invoices in triplicate. The original and second copy are presented to the cashier, and the third copy is retained by the salesclerk in the sales book. When the sale is for cash, the customer pays the salesclerk..
Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.
If net sales are $ 300,000, cost of goods available for sale is $ 280,000, and gross profit percentage is 35%, what is the amount of ending inventory?
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