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Question - In 2018, iris and her employer each contributed $4,000 to her DBPP which will pay her a pension of 1.5% for every year of service based on the three years of income. Her salary for 2018 was $72,000 and the three best years average $71,000.
Required -
a. What is lris's pension adjustment for 2018? Calculate the benefit earned using all 3 methods described in class. SHOW ALL YOUR WORK.
b. How much can she contribute to her RRSP in 2019?
c. If she began collecting her pension in 2019, how much would it be if she had 33 years of service?
The market value of the equity of Ginger, Inc., is $590,000. What is the enterprise value-EBITDA multiple for this company
The hotel cost $10,800,000, and the land cost $1,200,000 ($12,000,000 in total). Calculate Christy's cost recovery deductions for 2018 and 2028
Seth and Beth have original investments of $50,000 and $100,000 respectively in a partnership. How much of the net income of $42,000 is allocated to Seth?
1 in 2013 company a sold inventory costing 100 to its fully-owned subsidiary company b for 150. the entire inventory
Assume that the privately held technology company decides to become a publicly traded company on the NASDAQ and is required to adopt International Financial Reporting Standards (IFRS).
How much should be reported as accumulated net unrealized gain or loss- OCI in equity as of December 31, 2017
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2016: Ending Inventory $19,000 understated/ Bad debt expense 2,000 overstated. By how much was North's 2016 net income overstated or understated
INSTRUCTIONS: Answer the following questions or complete the statements by writing the appropriate words or amounts in the Answers column.
During the month of February 2019, actual direct labor hours of 9,700 were incurred. Use this information to determine the amount of factory overhead
Discuss the ethics and governance in explaining the company's financial stress . Was liabilities a majorfactor contributinng to the liquidation of the company?
at the main street theater the cashier located in a box office at the entrance receives cash from customers and
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