subject
Business, 30.03.2021 15:50 itsshyraa

Best Home Construction Corporation has a defined benefit pension plan. The 2019 data for this plan appear below. At 12/31/19: ($ in thousands)
PBO ($3,765,000)
ABO ($2,447,000)
Plan Assets $3,600,000
Pension Asset/(Liability) ($165,000)

For 2020:($ in thousands)

Amendment at 1/1/2020 - Prior Service cost $450,000
Actual return on plan assets $150,000
Service cost $207,000
Cash contributions $191,250
Retiree benefits paid $182,000
Settlement rate for liability 6%
Expected return on plan assets 4%

The average remaining service life of the active employee group is 15 years in 2020.

Required:
Complete the pension worksheet

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:40
Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax
Answers: 2
question
Business, 22.06.2019 11:00
Zoe would like to be able to save for night courses at the local college. which of these would be a good way for zoe to make more money available for savings without dramatically changing her budget? economía
Answers: 2
question
Business, 22.06.2019 17:30
An essential element of being receptive to messages is to have an open mind true or false
Answers: 2
question
Business, 23.06.2019 06:50
Which of the following does not use any type of computer code in their work? a. web designer b. database administrator c. information security d. computer user support
Answers: 2
You know the right answer?
Best Home Construction Corporation has a defined benefit pension plan. The 2019 data for this plan a...
Questions
question
Mathematics, 26.08.2019 05:50
question
Mathematics, 26.08.2019 05:50
question
Mathematics, 26.08.2019 05:50
question
Social Studies, 26.08.2019 05:50
question
Spanish, 26.08.2019 05:50
question
Social Studies, 26.08.2019 05:50
Questions on the website: 13722367