Payne, inc., a nonpublicly traded company, implemented a defined benefit pension plan for its employees on january 2, year 2. the following data are provided for year 2, as of december 31, year 2:
fair value of plan assets: $78,000
projected benefit obligation: $103,000
net periodic pension cost: $90,000
employer's contribution: $70,000
what amount should payne record as pension liability at december 31, year 2?
a. $0
b. $25,000
c. $20,000
d. $45,000

When is going to be why would you put money into saving account

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.