Determine the amount you must accumulate by age 65 to meet your retirement goal, assuming that you invest in equally weighted portfolio (50% common stocks, 50% bonds) in excel formula. Information given payment 168,831.75 Inflation 3% Future value: 1,000,000 Common Stock 11 Interest rate .11 Corborate bonds 6 Number of years 15 Equally weighted portfolio 8.5

Determine the amount you must accumulate by age 65 to meet your retirement goal, assuming that you invest in equally weighted portfolio (50% common stocks, 50% bonds) in excel formula. Information given payment 168,831.75 Inflation 3% Future value: 1,000,000 Common Stock 11 Interest rate .11 Corborate bonds 6 Number of years 15 Equally weighted portfolio 8.5

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter19: Deferred Compensation

Section: Chapter Questions

Problem 8RP

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Please answer in good accounting form. Thankyou 5. Compute for the annual retirement benefit expense for 2020. (present answer in whole number) 6. Compute for the annual retirement benefit expense for 2021. (present answer in whole number)
Please need answer for all with full working please answer all with steps computation explanation formula please answer all Stanley-Morgan Industries adopted a defined benefit pension plan on April 12, 2024. The provisions of the plan were not made retroactive to prior years. A local bank, engaged as trustee for the plan assets, expects plan assets to earn a 10% rate of return. The actual return was also 10% in 2024 and 2025.* A consulting firm, engaged as actuary, recommends 5% as the appropriate discount rate. The service cost is $160,000 for 2024 and $210,000 for 2025. Year-end funding is $170,000 for 2024 and $180,000 for 2025. No assumptions or estimates were revised during 2024. *We assume the estimated return was based on the actual return on similar investments at the inception of the plan and that, since the estimate didn't change, that also was the actual rate in 2025. Required: Calculate each of the following amounts as of both December 31, 2024, and December 31, 2025:…
May I ask for an explanation and solution to the question for a better understanding. Thank you! 11. What is the amount of Sculler's working capital at December 31, 2021? a. P41,000 b. P45,000 c. P50,000 d. P91,000
C19-10 Researching GAAP Situation Panther Company currently sponsors a defined benefit pension plan for its employees. At the end of 2019, the plan had a projected benefit obligation of $1,456,000 and fair value of plan assets of $1,629,000. Panther recognized a net pension asset in its balance sheet of $173,000 at the end of 2019. Due to the plans overfunded position, Allison Costello, Panther’s CFO, is interested in finding out if it is possible to settle or curtail the plan. Specifically, she is interested in purchasing a portfolio of high-quality bonds that have principal and interest payment dates very similar to the estimated dates pension benefits would be paid. Directions Research the GAAP and prepare a short memo to Allison Costello that provides guidance on the following issues: What is a pension settlement and pension curtailment? Can the company recognize a gain or loss if it settles its pension plan? What is the amount of the gain or loss? Can the company…
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