Business
Business, 06.05.2020 04:27, kdenormandie3122

Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to 1.4%' service years Ne final years salary. payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2007 and Is expected to retire at the end of 2041 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary Is $97,000 at the end of 2021 and the company's actuary projects her salary to be $315,000 at retirement. The actuary's discount rate is 7%. At the beginning of 2022, changing economic conditions caused the actuary to reassess the applicable discount rate. It was decided that 8% is the appropriate rate. (FY of $1, PV of $1. FV_A of $1. EVAP ail and F'VA. D Otift Required: Calculate the effect of the change in the assumed discount rate on the PBC, at the beginning of 2022 with respect to Davenport.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 00:30, krystlemiller4307
A) plot the m1 and m2 money stock in the us from 1990-2015. (hint: you may use the data tools provided by fred.) (b) plot the nominal interest rate from 1960 to 2014. (hint: you can either use the daily interest rates for selected u. s. treasury, private money market and capital market instruments from or the effective federal funds rate fromfred.) (c) the consumer price index (cpi) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. intuitively, the cpi represents the cost of living or the average price level. plot the cpi from 1960 to 2013.(d) the inflation rate is the yearly percentage change in the average price level. in practice, we usually use the percentage change in the cpi to compute the inflation rate. plot the inflation rate from 1960 to 2013.(e) explain the difference between the ex-ante and ex-post real interest rate. use the fisher equation to compute the ex-post real interest rate. plot the nominal interest rate and the ex-post real interest rate from 1960 to 2013 in the same graph.
Answers: 3
image
Business, 22.06.2019 14:40, kianofou853
Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate. the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received. c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.
Answers: 3
image
Business, 22.06.2019 22:40, jonlandis6
The year is 2278, and the starship enterprise is running low on dilithium crystals, which are used to regulate the matter-antimatter reactions that propel the ship across the universe. without the crystals, space-time travel is not possible. if there is only one known source of dilithium crystals, the necessary conditions for a monopoly are met. part 2 (1 point)see hint if the crystals are government owned or government regulated, and the government wants to create the greatest welfare for society, then it should set the price choose one or more: a. so only the rich can afford space-time travel. b. at the profit-maximizing price. c. at the efficient price. d. using the marginal-cost pricing rule. e. so everyone can afford space-time travel. f. at the monopoly price.
Answers: 1
image
Business, 23.06.2019 04:00, lanlostreyn
Which of the following should be considered last when searching for financing
Answers: 2
Do you know the correct answer?
Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to 1.4%' serv...

Questions in other subjects: