E20.13 (LO 1, 2, 4) (Computation of Actual Return, Gains and Losses, Corridor Test, and Pension Expense) Erickson Company sponsors a defi ned benefi t pension plan. The corporation’s actuary provides the following information about the plan. January 1, December 31, 2020 2020 Vested benefi t obligation $1,500 $1,900 Accumulated benefi t obligation 1,900 2,730 Projected benefi t obligation 2,500 3,300 Plan assets (fair value) 1,700 2,620 January 1, December 31, 2020 2020 Settlement rate and expected rate of return 10% Pension asset/liability $ 800 $ ? Service cost for the year 2020 400 Contributions (funding in 2020) 700 Benefi ts paid in 2020 200 Instructions a. Compute the actual return on the plan assets in 2020. b. Compute the amount of the other comprehensive income (G/L) as of December 31, 2020. (Assume the January 1, 2020, balance was zero.) c. Compute the amount of net gain or loss amortization for 2020 (corridor approach). d. Compute pension expense for 2020.

E20.14 (LO 1, 2, 4) (Worksheet for E20.13) Using the information in E20.13 about Erickson Company’s defi ned benefi t pension plan, prepare a 2020 pension worksheet with supplementary schedules of computations. Prepare the journal entries at December 31, 2020, to record pension expense and related pension transactions. Also, indicate the pension amounts reported in the balance sheet.

only E20.14

Management Skills

Assignment is an interview and you are being interviewed for a job and these questions need to be answered as if it was a job interview with relevant material will post the topic of the question that needs to be discussed with each question.

company: Tesla

1. could you talk about your management core competencies that you think will add value to this company? ( Topics Needed for this question: Deep listening, Conversing, Co-initiating, and any extra)

2. "At Tesla, helping others and making a difference is one of our main missions, this is why we wanted to go throught this organizational processs that we went throught, thought a model called the SOAR model:

The first step of the model is the Strength: The main strength of tesla is their engineering expertise: tesla has some of the best and most skilled engineered in the world. They are consistently innovating with the release of new cars almost every year. Another major strength that relates to the article about their production of ventilators is that their production is based in the United States, meaning that they can act and deliver quickly.

Secondly, their main opportunities are what the shareholders are asking for: tesla should focus on the growing demand. Moreover, Tesla can differentiate itself from the competition by showing that it has a moral obligation to shift and produce ventilators to help the American population. This new challenge that tesla is facing could be seen as a great opportunity for the firm.

Reflecting on Strength and opportunity, tesla’s main aspiration is to forge itself as an innovator and leader in the driverless car’s revolution. The company aspires to be able to shift its production by constantly innovating in moments of urgent need such as the Coronavirus. The strategic initiate that tesla put in place to shift its production to ventilators is to adapt the process of building cars into building the medial supply by using car parts.

Finally, considering its strength, opportunity and aspiration, tesla achieved its goal to produce and deliver extremely quickly the ventilators for many hospitals. The best reward for the company is the media coverage that this shift has achieved. This could result in an increased in market share and car sales for tesla. "

We wanted to ask you how you can relate to this example in your past experience and how your problem-solving skills could be applied in your role at tesla?

3. We want to know is you have the right behaviour for driving successfully a team.

1. For each of the following, state whether the quantity described is a parameter or a statistic, and give the correct notation.

1.   Correlation between height and arm-span (distance from fingertip to fingertip when arms are extended to the sides) for all players on the Chicago Bulls basketball team, using data from all players currently on the team

2. Average gas price in Minnesota, based on prices at randomly selected gas stations throughout the state.

3. Proportion of students at a university that are part-time, based on data on all students enrolled at the university.

4. Correlation between age and heart rate for patients admitted to an Intensive Care Unit, based on a sample of 200 patients.

9.55 The U.S. Department of Education reports that 40% of full-time college students are employed while attending college. (Data extracted from The Condition of Education 2012,ncesed.gov/pubs2012/2012045.pdf.) A recent survey of 60 full-time students at a university found that 25 were employed.

A) Use the five-step p-value approach to hypothesis testing and a 0.05 level of significance to determine whether the proportion of full-time students at the university is different from the national norm of 0.4

B) Assume that the study found that 32 of the 60 full-time students were employed and repeat (a). Are the conclusions the same?

Ron supervises three operations at ACME Company – filling, packing, and labeling. He was promoted from within the organization. Last week, Ron informed his operations manager Dan that he was resigning for a better-paying job and one that is closer to his residence. Ron gave Dan a month’s notice and offered to onboard the new supervisor. Each operation is staffed with a crew of lowly-skilled employees but with long tenure and decent pay. Over the course of their employment, they have formed a bond and an informal leader has surfaced from each crew. Ron is facing several operational issues. Employee motivation has been diminished. Morale is low, and absenteeism is at 10%. Overtime rate has risen to 20%. Employees perceive obvious favoritism and unfair labor practices. The productivity numbers are way below standard, and product returns have risen. Each crew seems to work as an island, and intergroup conflict is brewing. Communication is hampered by conflict, indifference, and alienation. Among the groups, Ron has identified two new college graduates as his potential successor; however, the groups especially the informal leaders have not accepted them completely. Therefore, neither can expect a warm welcome from employees who may be passed over for the promotion. Dan is thinking of recruiting outside candidates for the position. This person must be fit for the job and quickly address the issues facing the operations. You are tasked to hire and select the best candidate for the job. Apply all the organizational behavior theories and concepts you have learned over the past few weeks.

Research and present the following requirements: Job description – List all the job information, qualifications, and responsibilities suitable for this position. Recruitment plan – Design how to draw the best applicants for this job including advertising, job posting, and any incentives. Selection process – Use an effective method for narrowing down the list for and selecting the best applicant. Interview Questionnaire – Prepare a list of questions that will be asked during the interview process.

How did Lamarck’s theory of evolution DIFFER from that of Darwin’s?

Lamarck believed that Earth was old enough to provide a sufficient time scale for the process of evolution.

Lamarck believed that the environment played a significant role.

Lamarck believed that characteristics acquired during an organism’s lifetime could be passed on to the next generation.

Lamarck believed that acquired character during an organism’s lifetime could not be passed on to the next generation.

The Following transactions in this Question pertain to Nishat Electronic Repair Services, our imaginary small sole proprietorship business.
1. January 1, 2019, Mr. Ali Nishat started Nishat Electronic Repair Services by investing $10,000.
2. January 5, Nishat Electronic Repair Services paid registration and licensing fees for the business, $370.
3. January 6, the company acquired tables, chairs, shelves, and other fixtures for a total of $3,000. The entire amount was paid in cash.
4. January 7, the company acquired service equipment for $16,000. The company paid a 50% down payment and the balance will be paid after 60 days.
5. Also January 7, Nishat Electronic Repair Services purchased service supplies on account amounting to $1,500.
6. January 9, the company received $1,900 for services rendered. We will then record an increase in cash (debit the cash account) and increase in income (credit the income account).
7. January 12, the company rendered services on account, $4,250.00. As per agreement with the customer, the amount is to be collected after 10 days. Under the accrual basis of accounting, income is recorded when earned.
8. January 14, Mr. Nishat invested an additional $3,200.00 into the business. The entry would be similar to what we did in transaction #1.
9. January Rendered services to a big corporation on December 15. As per agreement, the $3,400 amount due will be collected after 30 days.
10. January On December 22, the company collected from the customer in transaction #7.
Required:
1. Prepare Journal entries in the books of Mr. Ali.
2. Prepare ledger

Bohemian Company has 500,000 shares of no par common stock with a stated value of $8 per share issued and outstanding as of January 1, originally issued for $14 per share. During 2018, Bohemian Company had the following transactions involving its own stock: On March 6, acquired 27,965 shares of treasury stock at a cost of $12 per share On April 18, resold 5,280 shares of treasury stock at $19 per share. On June 11, resold an additional 2,210 shares of treasury stock at $10 per share If Bohemian uses the cost method of accounting for treasury stock, what will be the balance in additional paid in capital from treasury stock as a result of these transactions?

Summer Company sells all its output at 25 percent above cost. Parade Corporation purchases all its inventory from Summer. Selected information on the operations of the companies over the past three years is as follows:

Parade acquired 70 percent of the ownership of Summer on January 1, 20X1, at underlying book value.

Required:
Compute consolidated net income and income assigned to the controlling interest for 20X2, 20X3, and 20X4