The following information is related to the defined benefit pension plan of dreamworld company for the year: service cost $ 61,000 contributions to pension plan 111,000 benefits paid to retirees 156,000 plan assets (fair value), january 1 643,000 plan assets (fair value), december 31 750,000 actual return on plan assets 152,000 pbo, january 1 910,000 pbo, december 31 906,000 discount rate 10 % long-term expected return on plan assets 9 % assuming no other relevant data exist, what is the pension expense for the year?

What is inventory turnover? explain the effect of a high inventory turnover during the christmas shopping season.

Who would be most critical of these statements about free trade agreements?

Ultravision inc. anticipates sales of $280,000 from january through april. materials will represent 50 percent of sales, and because of level production, material purchases will be equal for each month during the four months of january, february, march, and april. materials are paid for one month after the month purchased. materials purchased in december of last year were $24,000 (half of $48,000 in sales). labor costs for each of the four months are slightly different due to a provision in the labor contract in which bonuses are paid in february and april. the labor figures are: january $14,000 february 17,000 march 14,000 april 19,000 fixed overhead is $10,000 per month. prepare a schedule of cash payments for january through april. (assume the $280,000 of sales occur equally over the four months of january through april, i.e. monthly sales = $280,000 / 4.)