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B what is the loss on right transferred a 4000000 b

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b.What is the loss on right transferred?a.4,000,000b.2,880,000c.4,320,000d.6,000,000
6.(10 points)6a. SHYDEL Company has established a defined benefit pension plan for a lone employee. Annual paymentsunder the pension plan are equal to the employee’s highest lifetime salary multiplied by 2% multiplied bynumber of years with the entity.On December 31, 2021, the employee had worked for SHYDEL Companyfor 10 years. The salary in 2021 was P500,000.The employee is expected to retire in 25 years and the salary increases are expected to average 3% per yearduring that period.The employee is expected to live for 15 years after retiring and will receive the first annualpension payment one year after retirement.The discount rate is 8%. The relevant present value and futurevalue factors are:Future value of 1 at 3% for 25 periods.2.094PV of an ordinary annuity of 1 at 8% for 15 periods8.559PV of 1 at 8% for 25 periods0.146Determine the projected benefit obligation on December 31, 2021.
6b. AIKO Company has established a defined benefit pension plan for the employees.Annual payments underthe pension plan are equal to 3% of an employee’s highest lifetime salary multiplied by the number of yearswith the entity.An employee’s salary in 2021 is P500,000.The employee is expected to retire in 10 years,and salary increases are expected to average 4% per year during the period.On December 31, 2021, theemployee has worked for 15 years.The future value of 1 at 4% for 10 periods is 1.48.Ascertain the annual pension payment that should be used in computing the projected benefit obligation onDecember 31, 2021.225,000
7.(7 points).On January 1, 2021, PAUL Company granted share options to certain key employees as additionalcompensation.The options were for 100,000 ordinary shares of P10 par value at an option price of P15 pershare.Market price of this share on January 1, 2021 was P20.The fair value of each share option on January 1, 2021is P8.The options were exercisable beginning January 1, 2021 and expire on December 31, 2022.On December 31,2021, all share options were exercised.a.What amount of compensation expense should be reported in 2021?

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Term
Fall
Professor
professor_unknown
Tags
Cash balance plan, Professor VI, LILY P CUSTODIO

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