The EPBO for Branch Industries at the end of 2021 was determined by the actuary to be
Question:
The EPBO for Branch Industries at the end of 2021 was determined by the actuary to be $20,000 as it relates to employee Will Lawson. Lawson was hired at the beginning of 2007. He will be fully eligible to retire with health care benefits after 15 more years but is expected to retire in 25 years. What is the APBO as it relates to Will Lawson?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
The attribution period spans each year of service from ...View the full answer
Answered By
Hassan Ali
I am an electrical engineer with Master in Management (Engineering). I have been teaching for more than 10years and still helping a a lot of students online and in person. In addition to that, I not only have theoretical experience but also have practical experience by working on different managerial positions in different companies. Now I am running my own company successfully which I launched in 2019. I can provide complete guidance in the following fields. System engineering management, research and lab reports, power transmission, utilisation and distribution, generators and motors, organizational behaviour, essay writing, general management, digital system design, control system, business and leadership.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-1260481952
10th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Question Posted:
Students also viewed these Business questions
-
You, CA, are the senior in charge of an audit of Proctor Industries (PI), a public company in the business of selling plumbing parts wholesale. It is now November 3, 20X5five weeks after PIs year-...
-
At the end of 2012, Hatch Industries had the following balance sheet: Hatch Industries would like to compute its EVA® for the year. Help the accountant at Hatch Industries prepare for that...
-
The financial manager at Starbuck Industries is considering an investment that requires an initial outlay of $25,000 and is expected to result in cash inflows of $3,000 at the end of year 1, $6,000...
-
In baseball, a players batting average is the proportion of times the player gets a hit out of his total number of times at bat. The distribution of batting averages in a recent season for Major...
-
What are the equations of the asymptotes for each hyperbola? a. y = 2/x + 1 b. y = 3/x -4 c. y = 4/x+ 2 -1 d. y = -2/x+3 - 4
-
Tom quits his job with $120,000 in his employers qualified retirement plan. Since he is broke, Tom instructs the plan trustee to pay him the balance in his retirement account. How much will Tom...
-
A project has been selected for implementation. The net cash flow (NCF) profile associated with the project is shown below. MARR is 10 percent/year. a. What is the annual worth of this investment? b....
-
The CoolAire Company manufactures air conditioners that are sold to five different retail customers across the United States. The company is evaluating its manufacturing and logistics strategy to...
-
What is the difference between a Relation in an RDBMS and a Class in an OODBMS? Are they interchangeable? This question is asking if a relation within a Relational Database Management System is the...
-
You are a management consultant for a 30-year old partner in a large law firm. In a meeting, your client says: According to an article in the New York Times, 57 percent of large law firms have a...
-
Classified Electronics has an unfunded retiree health care plan. Each of the companys three employees has been with the firm since its inception at the beginning of 2020. As of the end of 2021, the...
-
The following data are available pertaining to Household Appliance Companys retiree health care plan for 2021: Number of employees covered ..........................................2 Years employed...
-
1. 3M has developed a composite measure, a 3M Value Index Score, which provides a standard metric to assess accountable value in health care. This index score is a composite measure based on six...
-
Re-location of a firm's headquarters to another country to gain the benefits of a lower tax is called Aforeign direct investment inversion C extroversion Dimmersion
-
1. Explain how you worked with stakeholders to develop the benefits management plan including: List the stakeholders (name and position title) that you have communicated with in developing the...
-
two months after the audit of Bell Enterprises, you are approached by your supervisor, an audit partner at the firm you work for, and asked to electronically unlock the audit file pertaining to Bell...
-
I am trying to understand hedging and making a T-Account and I paid for the subscription but I cannot see the explanation of how this works.
-
My Performance Tasks Performance Task 1 Get the topic you are assigned to teach. Write down how you can apply the content knowledge within or across curriculum teaching areas. Use the curriculum web...
-
The following information (in $ millions) was taken from recent annual reports of Kellogg Company and General Mills, Inc. __________________________________________________Kellogg_________General...
-
A copper sphere of 10-mm diameter, initially at a prescribed elevated temperature T;, is quenched in a saturated (1 atm) water bath. Using the lumped capacitance method, estimate the time for the...
-
(Qualitative Characteristics) The qualitative characteristics that make accounting information useful for decision-making purposes are as follows. Identify the appropriate qualitative...
-
Ten interrelated elements that are most directly related to measuring the performance and financial status of an enterprise are provided below. Identify the element or elements associated with the 12...
-
Ten interrelated elements that are most directly related to measuring the performance and financial status of an enterprise are provided below. Identify the element or elements associated with the 12...
-
1. (a) i. Convert 1610 to 8-bit sign-magnitude. ii. Convert -2410 to 8-bit sign-magnitude. iii. Perform the calculation 16+ (-24) in 8-bit sign-magnitude binary arithmetic. What is the decimal (ie....
-
Define the sequence ao, a,... recursively as follows: set ao = 2020 and, for all integers n > 1, if an-1 is even then an an-1/2, otherwise an = 3an-1 +1. (a) Write down the first seven values a0, a1,...
-
what is your opinion about the relationship between competitive strategy and supply chain to the fit strategy to achieve company success?
Study smarter with the SolutionInn App