What has led to the increase in the number of companies that operate globally?
A) The rise of new communication technologies and advanced forms of transportation
B) The removal of trade barriers
C) Saturated local markets
D) All of these (the rise of new communication technologies and advanced forms of transportation, the removal of trade barriers, and saturated local markets)
D
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Swan Company has provided you with the following data pertaining to its pension plan for the year ended December 31, 2018: The 2018 service cost was $175,500. The projected benefit obligation as of January 1, 2018 was $1,950,000. Plan assets as of January 1, 2018 totaled $2,020,000. The actual return on plan assets during 2018 was 10%. Amortization of prior service costs during 2018 was $9,750. The expected return on plan assets was 8%. The pension plan funding during 2018 totaled $170,000. The discount rate was 8%. Required:Prepare the journal entry to record pension expense for the year ended December 31,2018.
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?Mobi's is a new company that manufactures premium apparel for men. It needs funds for expanding its production units and is planning to issue the first lot of shares. These shares will be traded in the _____.
A. ?primary market B. ?secondary market C. ?tertiary market D. ?closed market
Exhibit 9-3 John Company includes three coupons in each package of cookies it sells. In exchange for 20 coupons, a customer will receive a cookie sheet. John estimates that 30% of the coupons will be redeemed. In 2016, John sold 4,000,000 boxes of cookies and purchased 150,000 Cookie sheets at $2.50 each. During the year, 970,000 coupons were redeemed. ? Refer to Exhibit 9-3. What amount should
John report as estimated premium claims outstanding at December 31, 2016? A) $121,250 B) $328,750 C) $450,000 D) $500,000
The segment of the business market that seeks to achieve goals other than the standard business goals of profit, market share, and return on investmentconsists of _____
a. institutions b. resellers c. producers d. manufacturers