The following data relate to voltaire company’s defined benefit pension plan: ($ in millions) plan assets at fair value, january 1 $ 600 expected return on plan assets 60 actual return on plan assets 48 contributions to the pension fund (end of year) 100 amortization of net loss 10 pension benefits paid (end of year) 11 pension expense 72 required: determine the amount of pension plan assets at fair value on december 31

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of: