Business, 04.02.2020 05:40 zykia1002

Oregon co.'s employees are eligible for retirement with benefits at the end of the year in which both age 60 is attained and they have completed 35 years of service. the benefits provide 15 years reimbursement for health care services of $20,000 annually, beginning one year from the date of retirement.

ralph young was hired at the beginning of 1977 by oregon after turning age 22 and is expected to retire at the end of 2020 (age 60). the discount rate is 4%. the plan is unfunded.
the pv of an ordinary annuity of $1 where n = 15 and i = 4% is 11.11839.
the pv of $1 where n = 2 and i = 4% is 0.92456.

with respect to ralph, what is the service cost to be included in oregon's 2018 postretirement benefit expense, rounded to the nearest dollar?

a. $3,544.
b. $20,000.
c. $5,272.
d. $6,365.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 17:40

Which of the following best explains cost-push inflation? a. increasing wages for workers drive up the cost of production, forcing producers to charge more to meet their costs. b. consumers demand goods faster than they can be supplied, increasing competition among buyers. c. rising prices for goods and services reduce spending power and cut into consumer demand. d. wages drop so that workers have to spend a higher percentage of income on the cost of necessities.2b2t

Answers: 1

Answer

Business, 22.06.2019 11:40

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.

Answers: 1

Answer

Business, 22.06.2019 16:20

Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.

Answers: 2

Answer

Business, 22.06.2019 19:50

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?

Answers: 3

Answer

You know the right answer?

Oregon co.'s employees are eligible for retirement with benefits at the end of the year in which bot...

Questions