subject
Business, 21.06.2021 15:40 leomcintyre12

Using the below information , prepare a pension worksheet inserting January 1, 2020, balances, showing December 31, 2020, balances, and the journal entry recording pension expense. Service cost$ 90,000
Contribution to the plan105,000
Prior service cost amortization10,000
Actual and expected return on plan assets64,000
Benefits paid40,000
Plan assets at January 1, 2020640,000
Projected benefit obligation at January 1, 2020700,000
Accumulated OCI (PSC) at January 1, 2020150,000
Interest/discount (settlement) rate10%

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:00
Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.
Answers: 2
question
Business, 22.06.2019 16:20
There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve
Answers: 1
question
Business, 22.06.2019 17:00
You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
question
Business, 22.06.2019 19:00
In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:
Answers: 1
You know the right answer?
Using the below information , prepare a pension worksheet inserting January 1, 2020, balances, showi...
Questions
question
Mathematics, 11.09.2019 16:30
Questions on the website: 13722361