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Net periodic pension cost recognized by an employer sponsoring a defined benefit pension plan may include a gain or loss component. Gains and losses requiring amortization:
a) Result only from experience different from that assumed.
b) Result only from changes in assumptions.
c) Do not include asset gains and losses not reflected in the market-related value of plan assets.
d) Only arise from unexpected changes in the projected benefit obligation.
Questions based on partnership. a)Write definition of partnership? b) Name and discuss the characteristics of a partnership c) Advantages of a partnership as a form of business
If a stock has a constant growth rate of 6% per year and paid a dividend of $5.00 yesterday, what is the value of the stock if the discount rate is 10%?
Visit the Institute of internal auditors website and focus on the frequently asked questions section. Explain How internal and external auditors differ and how they relate. In addition, what is Enterprise Risk management(ERM) and what role in it d..
Your required a rate of return is 4%. What is the value of a contract that pays the buyer $100 a year forever (the first payment is made exactly one year after purchase) plus an additional $1000 a year for the first 10 years
Fluent an investor in stocks and bonds wanted to increase his portfolio but wanted to minimize his tax liability on the income from the bonds. He is presented with the following alternative investments: US Series EE bonds, bonds for industrial dev..
Intrepid Inc. declared a $1,000,000 cash dividend. It currently has 15,000 shares of 6%, $100 par value cumulative preferred stock outstanding. It is one year in arrears on its preferred stock. How much cash will Intrepid distribute to the common ..
The office space is used equally by dye's sales and accounting departments. What amount of the above-listed items should be classified as general and administrative expenses in dye's multiple-step income statement?
Which financial statement should be studied most closely to determine if a company has the ability to pay a significant debt?
The firm uses the effective interest method of amortising discounts and premiums. The bonds were sold to yield an effective interest rate of 10%.
Goodwill arises when one firm acquires the net assets of another firm and pays more for those net assets than their current fair value. Suppose that Got Em Co. had operating income of $64,300 and net assets with a fair market value of $184,000. Ta..
What is the balance sheet account for which a temporary difference is created by the situation? Unearned subscription revenue or subscription revenue?
The shareholders equity section of Rowen Company shows: Common stock $1,500,000; paid-in capital in excess of par value of $1,000,000;
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