subject
Business, 03.04.2020 22:39 erinxmeow8

Fox Company received the following reports of its defined benefit pension plan for the current calendar year: PBO Plan assets Balance, January 1$690,000 Balance, January 1$590,000 Service cost 362,000 Actual return 60,000 Interest cost 72,000 Annual contribution 223,000 Benefits paid (93,000) Benefits paid (93,000) Balance, December 31$1,031,000 Balance, December 31$780,000 The long-term expected rate of return on plan assets is 8%. Assuming no other data are relevant, what is the pension expense for the year

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:30
Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?
Answers: 3
question
Business, 22.06.2019 04:30
Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 Γ— 6.716)
Answers: 2
question
Business, 22.06.2019 12:10
The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
Answers: 3
question
Business, 22.06.2019 18:50
Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?
Answers: 3
You know the right answer?
Fox Company received the following reports of its defined benefit pension plan for the current calen...
Questions
question
Mathematics, 08.12.2020 09:20
question
Mathematics, 08.12.2020 09:20
question
Mathematics, 08.12.2020 09:20
question
Mathematics, 08.12.2020 09:20
question
Biology, 08.12.2020 09:20
question
Mathematics, 08.12.2020 09:20
question
Mathematics, 08.12.2020 09:20
question
Mathematics, 08.12.2020 09:20
Questions on the website: 13722360