On January 1, 2020, Metlock Company has the following defined benefit pension plan balances. Projected benefit obligation $4,464,000
Fair value of plan assets 4,190,000

The interest (settlement) rate applicable to the plan is 10%. On January 1, 2021, the company amends its pension agreement so that prior service costs of $504,000 are created. Other data related to the pension plan are as follows.

2020 2021
Service cost $148,000 $181,000
Prior service cost amortization 0 89,000
Contributions (funding) to the plan 242,000 279,000
Benefits paid 198,000 274,000
Actual return on plan assets 251,400 264,000
Expected rate of return on assets 6% 8%

Required:
Prepare a pension worksheet for the pension plan for 2020 and 2021.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses