What would the revised annual pension payment be

Assignment Help Accounting Basics
Reference no: EM133032144

Question - A pension fund has assumed that the average life of a member on retirement is 12 years. On this basis, and assuming the fund can earn 6 per cent on its assets, it has determined that it is able to fund an annual pension payment of £15,000 per annum. What would the revised annual pension payment be if the average life of a member was 16 years, that is the payments are made over 16 rather than 12 years.

Reference no: EM133032144

Questions Cloud

Determine the total materials variance : Direct material of 6.00 yards at $6.00 per yard. Determine the total materials variance and round to the nearest whole dollar
What could be the benefits of entering multiple markets : What could be the benefits of entering multiple markets? Which international corporate-level strategy should he adopt and why
What is the expected rate of return on the stock : Steady As She Goes Inc. will pay a year-end dividend of $3.10 per share. If the stock currently sells for $31.00 per share, what is the expected rate of return
Discuss corporate culture of your selected company : Discuss the corporate culture of your selected company. What is the company philosophy towards its employees and clients? How does your selected company
What would the revised annual pension payment be : What would the revised annual pension payment be if the average life of a member was 16 years, that is the payments are made over 16 rather than 12 years
Calculate creator ltd maximum cca for the year ending : Calculate Creator Ltd.'s maximum CCA for the year ending December 31, 2020. Your answer should include the maximum that can be deducted for each CCA class
What is the future value : Future Value - Ordinary Annuity versus Annuity Due - What is the future value of a 12%, 5-year ordinary annuity that pays $650 each year
How many years will it take for account to double in value : Jamil invested $9,500 into an account he expects will earn 5% annually. Approximately how many years will it take for the account to double in value
What is Ws the weight of equity in Kloss WACC calculation : Kloss also has 500,000 shares outstanding currently priced at $47/share. What is Ws, the weight of equity in Kloss' WACC calculation

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the unit sales price at which blake sell its product

Compute the unit sales price at which Blake must sell its product in the current year in order to earn a budgeted target profit of £200,000

  Make the journal entry for Sage to record the sale

Required - Make the journal entry for Sage to record the sale, assuming that the recourse liability has a fair value of $6,970

  Uncollectible account expense

Uncollectible accounts are determined by the aging method to be $2,740. Compute the uncollectible account expense for 2006.

  Prepare journal entries to record merchandising transactions

Exercise: Journalize the following merchandising transactions for CSI Systems assuming it uses a perpetual inventory system.

  How much of the available cash for distribution

The capital accounts show balances of P90,000 for DUA and P55,000 for LIPA. How much of the available cash for distribution should be given to DUA

  What is the total time required for interviewing activity

What is the total time required for the interviewing activity? What is the total time required for the separation processing activity?

  How much paid in capital from the treasury stock

Emu Inc. reissued 8,000 shares of treasury stock at $ 44 per share. How much paid in capital from the treasury stock

  What is sam cost of goods sold for the year

Sam owns a small cell phone store. He starts the year with $10,000 of inventory, What is Sam's Cost of Goods Sold for the year

  Determine the cost formula that expresses the behaviour

Yang Manufacturing makes a product called Yin. Determine the cost formula that expresses the behaviour of Yang's total costs

  Determine what would estimate to required rate of return

Determine What would estimate to be the required rate of return for equity investors if a stock sells for Br. 40 and will pay a Br. 4.40 dividend?

  Critically evaluate weaknesses of client internal control

Critically evaluate the weaknesses of client's internal control through the identification and explanation of one (1) weakness in the sales system at Babys Shop

  Create an excel file with the financial statements

Review the attached guide and references. Create an Excel file with the key steps, financial statements/key accounts--implications, challenges, issues and concerns. Also indicate organizational impact such as corporate reporting, HR, IT, internal ..

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!

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