Business, 15.04.2020 22:11 jadkins842

Oriole, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined-benefit pension plan for the year ended December 31, 2021: January 1, 2021 December 31, 2021 Projected benefit obligation $2,550,000 $2,900,000 Fair value of plan assets 1,300,000 1,650,000 Accumulated benefit obligation 1,935,000 2,625,000 Accumulated OCI―(PSC) 545,000 302,500 The service cost component for 2021 is $142,500 and the amortization of prior service cost is $242,500. The company's actual funding of the plan in 2021 amounted to $505,000. The expected return on plan assets and the settlement rate were both 7%.What is the amount of pension expense for 2021?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:00

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

Answers: 1

Answer

Business, 22.06.2019 10:00

What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided

Answers: 1

Answer

Business, 22.06.2019 13:40

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)

Answers: 1

Answer

Business, 22.06.2019 21:20

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.

Answers: 1

Answer

You know the right answer?

Oriole, Inc. received the following information from its pension plan trustee concerning the operati...

Questions