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Question - The manager responsible for the pension fund of Rasputin plc has to present a report to the Board of Directors on the financial position of the fund. She decides to use the position of the typical employee to illustrate the fund's position. There is £30,000 currently held in the fund for each employee. The typical employee has 15 years to go to retirement and the company's actuary has proposed that the company should anticipate having to fund pension payments over a retirement period of 12 years for the average employee. The average pension payment per annum is expected to be £12,000 and the rate of return expected on the pension funds investment is expected to be 6 per cent. The manager needs to determine the constant annual sum that the company needs to put into the pension fund for each of the next 15 years to be able to meet the fund's obligations. Determine this annual sum. (Assume all payments into the fund and all pension payments are made at the end of each year.)
Compute the cost of goods sold and ending inventory on July 31, 2019 using the First in, first out (FIFO) method and Weighted Average cost method
For 20x6, Pyna reported 500000 of net income from its own separate operations. This amount excludes income relating to Syna, its 80%-owned created subsidiary.
papa johns is one of the fastest-growing pizza delivery and carry-out restaurant chains in the country. presented here
a. How many units were completed during the period? b. Determine the number of equivalent units for direct materials.
Calculations once you have all of the data, do you think there are many people within an organization that helps provide the data to calculate net present value
The present value of an annuity due of P1 at 8% for 5 years is 4.312. What is the total amount of interest revenue that Glade will earn over the life of lease
Assume lack of commercial substance. J & J pays $500 in cash. J & J's asset has a fair market value of $19,500. J & J would record the cost of the new asset at
The Fed wants to decrease deposits by $100 million, which of the following actions should be taken? Assume no excess reserves exist in the banking system
Using the arrival rates from the lunchtime rush example, it seems sensible to vary the number of servers so that more servers work during the busy hours. In particular, suppose management wants to have an average of three servers working (in paral..
Compute Welch's gross pay, payroll deductions, and net pay for the full year 2012. Round all amounts to the nearest dollar. Compute United's total 2012 payroll expense for Welch.
The cost of these securities was P200,000, P1,500,000, and P3,000,000, respectively. What amount should be reported as loss on sale
Estimated total cost of contract for the 10 houses - $40,000,000; What is the amount of revenue to be recorded for the year by Bad
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