User Account

All Pages

How much per employee would the city have to invest today

Assignment Help Cost Accounting
Reference no: EM13505130

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?

Reference no: EM13505130

Questions Cloud

Explain what is the heat capacity of the reaction : If you begin with 18ml of 0.25 M NaOH(aq) and add 100ml of chlorine gas at 0.993 atm and 25degrees C and the final temp of the calorimeter is 28.42 degrees C, what is the heat capacity of the reaction. Remember that there is the water the NaOH is ..
Determine the angle the string makes with the vertical : A 0.075 kg toy airplane is tied to the ceiling with a string. When the airplane's motor is started, it moves with a constant speed of 1.15 m/s in a horizontal circle of radius 0.35 m
Define what is the heat capacity of the calorimeter : Then add 10 g of water that has been heated to 100 degrees C and seal the calorimeter. If the equilibrium temp is 43.54 degrees C, what is the heat capacity of the calorimeter? (Heat capacity of water is 4.185 J/g degrees C).
Compute the speed of the ball just before it strikes ground : A baseball is thrown from the roof of 23.5 m-tall building with an initial velocity of magnitude 10.6 m/s and directed at an angle of 52.5 degrees above the horizontal. What is the speed of the ball just before it strikes the ground
How much per employee would the city have to invest today : 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?
Explain solution using ammonia and ammonium chloride : Suppose you were to prepare a buffer solution using ammonia and ammonium chloride. What would be the molar ratio of acid to its conjugate when the pH was adjusted to each of these values
Determine horizontal force is necessary to hold bag : A 125 kg mail bag hangs by a vertical rope 3.3 m long. A postal worker then displaces the bag to a position 2.2 m sideways from its original position, What horizontal force is necessary to hold the bag in the new position
Explain what would be the approximate concentration : What is the pH of a solution that is known to be 5.58 M in H3PO4. What would be the approximate concentration of PO43-(aq) in that solution
What is the coefficient of friction at the stopping point : A box is sliding with a speed of 4.50 m/s on a horizontal surface when, at point P, it encounters a rough section. What is the coefficient of friction at the stopping point

Reviews

Write a Review

Cost Accounting Questions & Answers

  1 find what was youngs total share of net loss for the

1. find what was youngs total share of net loss for the first year?a. 3900 loss.b. 11700 loss.c. 10400 loss.d. 24700

  Anderson manufacturing makes a single productnbsp budget

anderson manufacturing makes a single product.nbsp budget information regarding the current period is given

  What is the book value of klingons assets today

If all the current assets were liquidated today, the company wouldreceive $805,000 million cash. What is the book value of Klingon's assets today? What is the market value?

  Transfer prices and divisional profita chair manufacturer

transfer prices and divisional profita chair manufacturer has two divisions upholstering and framing. the framing costs

  Questionacme company utilizes the weighted-average method

questionacme company utilizes the weighted-average method in to evaluate product costs and reports the following costs

  How does the firm use cost-volume-profit analysis to assess

how does the firm use cost-volume-profit analysis to assess performance? how would you use such a system to measure how

  Ariba coffee company roasts and packs coffee beans the

ariba coffee company roasts and packs coffee beans. the process begins by placing coffee beans into the roasting

  Determine the predetermined overhead rate

Determine the predetermined overhead rate that will be used during the year and determine the unit product cost of one pound of the Kenya Dark coffee and one pound of the Viet Select coffee.

  Qgerhan companys flexible budget for the units essentially

qgerhan companys flexible budget for the units essentially manufactured in may shows 15640 of total factory overhead

  Evaluate what is the under absorbed overhead

Find how much overhead is allocated and evaluate what is the over/under absorbed overhead - Make a job order cost sheet for the 100 widgets

  Calculate the annual rate of depreciation

In two year you need to earn 3000$ if you get an interest rate of 15.75% compound annually, how much do you need to invest now

  Question select a local government in the state of maryland

question select a local government in the state of maryland and evaluation the financial statements and audit report

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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