How important is the actuaries role is in pension accounting?

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A: As per the guidelines, only one question is allowed to be answered. Please resubmit the remaining…

Q: Please answer questions 4,5,6 and bold the answers so i can easily understand.   Silven…

A: The decision related to making or buying any product is taken by comparing the in-house variable…

Q: Selected current year-end financial statements of Cabot Corporation follow. (All sales were on…

A: It is a question with multiple sub-parts, therefore we will do the first three sub-parts. To get…

Q: Partners Thelma Lou and Aunt Bee each have a $50,000 capital balance and share profits and losses in…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Question content area top Part 1 Sullivan Company issued $240,000​, 10​%, 10​-year bonds payable at…

A: Bonds means the instrument where the bond holder gives money to bond issuer and in return bond…

Q: The following is the ending balances of accounts at December 31, 2024, for the Weismuller Publishing…

A: Balance Sheet is a part of Financial Statements of a company which reports a company's assets,…

Q: The Pima and Southern Railroad (PSRR) is a small railroad operating in rural Arizona. It exists by…

A: Memorandum means an informal record which helps in assisting various parties to memorize specific…

Q: 8. Which of the following should not be reported in Discontinued Operations? a. Nikey company sold a…

A: The questions given is related to  * Discontinued operations  * other comprehensive income

Q: Synergy Corporation applies manufacturing overhead based on direct labor hours. Synergy estimates…

A: Introduction:- The following basic information as follows:- Synergy Corporation applies…

Q: M Company issued 99,000 stock options to key executives on January 1, 2021. The options must be…

A: INTRODUCTION: Compensation is a monetary or non-monetary payment paid in exchange for services done.…

Q: ​Jim's Espresso expects sales to grow by 10.4% next year. Using the following statements LOADING...…

A: Percent to sales method refers to the model in which predictions are to be made on the basis of…

Q: Nicole and Nicolas, CPAS, a partnership of Certified Public Accountants, had gross receipts of…

A: Amount withdrawn by partners from business is not taxable and treated as drawings or loan. Interest…

Q: Collision and comprehensive: Multiple Choice O O Only pay the insurer Only pay the insured Are…

A: The purchase of collision insurance is often only possible in conjunction with the purchase of…

Q: LeMond Incorporated, a Wisconsin corporation, runs bicycle tours in several states. LeMond also has…

A: Sales Tax Liability: The total amount of sales taxes that a company has amassed from customers on…

Q: Mary is a 25% partner. She is to receive 25% of the partnership income, but no less than $10,000.…

A: In partnership there are many partners and each partner have some percentage in the partnership and…

Q: Here are comparative financial statement data for Lily Company and Maria Company, two competitors.…

A: The expenses and revenues are required to be reported in the income statement of the company. The…

Q: Golden Corporation's current year income statement, comparative balance sheets, and additional…

A: Cash Flow Statement :— It is one of the financial statement that shows change in cash and cash…

Q: With reference to the definitions of the basic elements of the Balance Sheet (Assets, Liabilities)…

A: ANSWER:- A balance sheet and an income statement are related by the net income. Net income is…

Q: Albert, the managing director of Albert's Vehicle Parts, guaranteed a bank loan of $750,00 for Josh…

A: When a business owner offers a loan guarantee to a worker, they are essentially committing to assume…

Q: Global Corp. expects sales to grow by 6% next year. Assume that Global pays out 50% of its net…

A: The amount of money that an individual or group holds in a business is referred to as the equity of…

Q: Principal 1.? 2. $6,000 3. $900 Interest rate 4% 6% Time (days) 90 days 180 days A A A Simple…

A: Simple interest Simple interest is a simplest method for calculating the interest charged on a loan.…

Q: Knowledge Check 01 On February 13, a jewelry store sells an engagement ring with a sales price of…

A: Date      Account Title         Debit        Credit Feb 13    Cash                 $10,975…

Q: ave Company has the following inventory information. Accounting Transactions Date July 1 Beginning…

A: Under the LIFO inventory method, initial purchases are sold first and the latest purchases comprises…

Q: Fillmore, Inc., expects sales of its housing for electric motors to be $82,000, $72,000, and $89,000…

A: A budget is an estimate of future income and expenses. It shows the roadmap of the organization.…

Q: Five Guys is an American fast food restaurant chain focused on hamburgers, hot dogs, and French…

A: INTRODUCTION: The cost of goods sold (COGS) is the price paid by a distributor, producer, or…

Q: is the cafeteria’s food cost percentage for July?

A: Food cost percentage is the food cost divided by sales in July.

Q: The following information relates to Unique Ltd for the year 2020:  Annual Demand 408,375 units…

A: Economic Order Quantity is the ideal quantity of units a business should purchase or order at one…

Q: On January 1, 2024, an investor paid $303,000 for bonds with a face amount of $365,000. The contract…

A: Solution 3: Purchase price of bond = $303,000 Market interest rate = 10% Interest income = Carrying…

Q: lext Books The marketing department of Jessi Corporation has submitted the following sales forecast…

A: Jessi Corporation Sales Budget   Q1 Q2 Q3 Q4 Year Budgeted Unit Sales 12400 13400 15400 14400…

Q: Explain the conclusions concerning Jensen Limited that can be drawn from the dividend payout ratios…

A: Dividend payout ratio is the rate of profits distributed by the company as dividend among the…

Q: (a) (b) Oriole Company retires its delivery equipment, which cost $53,990. Accumulated depreciation…

A: Depreciation :— It is decline in the value of asset due to continuos use.    Journal Entry :— It is…

Q: Five Guys is an American fast food restaurant chain focused on hamburgers, hot dogs, and French…

A: Net Purchases :— It is gross purchase less purchase return less purchase discount.    Cost of Goods…

Q: Two different product lines are manufactured and sold by Cheche Manufacturing Corp. Monthly fixed…

A: Break even point is the point at which total cost and total revenue are equal thats mean there is no…

Q: 10. The following information relates to the Smith Company for 2021: Cash dividend declared for 2021…

A: Lets understand the basics. Retained earning is a earning retained over a period of time. In other…

Q: vidend of $16,000. 00 cash to settle a long-term notes payable at its $105,000 O cash to acquire its…

A: Cash flow from financing activities is a one part of the cash flow statement. It involves all cash…

Q: A non-current asset was acquired for $200,000 on 200-day terms. Which of the following statements…

A: Costs are connected with purchasing business resources, and they're displayed on the business…

Q: The following information relates to Unique Ltd for the year 2020:  Annual Demand 408,375 units…

A: Total ordering cost is the total cost incurred on the total number of orders made to the company. It…

Q: Imagine Corporation prepares an aging schedule for its accounts receivable at the end of each month…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a…

Q: 11The distinction between a capital expenditure and an expense is not always clear-cut. True False…

A: Ans. As per accounting principles, capital expenditure are incurred at the time of purchase of an…

Q: Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the…

A: PREDETERMINED OVERHEAD RATE   Predetermined rate means an indirect cost rate. predetermined…

Q: Kirchhoff Industries has a past history of uncollectible accounts, as shown below. Age Class…

A: Allowance for doubtful debts is a contra asset account. It reduces the balance of accounts…

Q: VLC Ltd is a listed company. I

A: SARS i.e South African Rvenue Service is the tax authority of South Africa and as per the…

Q: erations on January 5,000 units. During it ministrative expense

A: Answer : Fixed manufacturing cost in ending inventory  = $340,000 - $382,500 = 42,500 Fixed…

Q: If a partner contributes depreciable or amortizable property to the partnership, how is the basis of…

A: The basis of depreciable or amortisable property contributed to a partnership is recovered through…

Q: Euro Classics Ltd has been operating a successful business for many years specialising in servicing…

A: Working Note 1 No. of Vehicle Serviced 500 Estimated Cost of Warranty per Vehicle 400 Total…

Q: Wescott Company has three divisions: A, B, and C. The company has a hurdle rate of 8 percent.…

A: Return on investment (ROI) is a performance measure used to evaluate the efficiency or profitability…

Q: What employability skills do you need to get a business administration job (list three skills)

A: In order to get a business administration job, employability skills are important. Three skills that…

Q: John Corporation bases its overhead rate on direct labour hours. The expected direct labour hours at…

A: INTRODUCTION: Direct labor refers to the salary and wages provided to workers who are directly…

Q: g cash balance 410,925 in March?

A: Mary and Kay Inc maintain a minimum of $80,000 cash balance at the end of each month in the quarter.…

Q: On January 1, 2020, Ehrlich Corporation had the following stockholders’ equity accounts. Common…

A: Lets understand the basics. Journal entry is required to make to record event and transaction that…