### Determine douglas-roberts pension expense for 2013 enter

Assignment Help Accounting Basics
##### Reference no: EM13589031

Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2013:

 Prior service cost at Jan. 1, 2013, from plan amendment at the beginning of 2010 (amortization: \$5 million per year) \$ 15 million Net loss-AOCI at Jan.1, 2013 (previous losses exceeded previous gains) \$ 100 million Average remaining service life of the active employee group 10 years Actuary's discount rate 3 %
 (\$ in millions) Plan PBO Assets Beginning of 2013 \$ 680 Beginning of 2013 \$ 480 Service cost 58 Return on plan assets, 4% (6% expected) 19.2 Interest cost, 3% 20.4 Loss (gain) on PBO (13 ) Cash contributions 100 Less: Retiree benefits (34 ) Less: Retiree benefits (34 ) End of 2013 \$ 711.4 End of 2013 \$ 565.2
 Required:

### Previous Q& A

#### Ace inc produces electronic components for sale to

ace inc. produces electronic components for sale to manufacturers of radios television sets and digital sound systems.

#### A 01a current is charging a capacitor that has square

a 0.1a current is charging a capacitor that has square plates 5cm on each side. the plate separation is 4mm. find the

#### Perform a least-squares analysis of the data to determine

use the data in table of millikans paper to determine the stopping potential as a function of wavelength at 433.9

#### If the magnitude of the force on a 40-m length of one of

question two long parallel wires are separated by 3.2 mm. the current flowing in one of the wires is twice that in the

#### Wayne amp compnay inc a construction equipment manufacturer

wayne amp compnay inc. a construction equipment manufacturer leased equipment that it manufactured to indiana

#### Calculate the percentage or fraction of geologic time that

1. the length of recorded history for humankind is about 5000 years.nbsp clearly most people view this span as being

#### The lase requires four equal payments of 175000 with the

bird leasing inc. leased equipment to george corporation on jan 1 2013. the terms of the lease are as follows. the lase

#### A charging bull elephant with a mass of 5500 kg comes

question a charging bull elephant with a mass of 5500 kg comes directly toward you with a speed of 4.20 ms. you toss a

#### Your organization is in the software industry and creates a

your organization is in the software industry and creates a software product for library textbooks and assets which is

#### Almo company manufactures and sells adjustable canopies

almo company manufactures and sells adjustable canopies that attach to motor homes and trailers. almo developed its

### Similar Q& A

#### Statements for the possibility of bad debts

What are the signs you would look out for in the financial statements for the possibility of bad debts? Give reasons for your answers.

#### Identify two reasons for differences in accounting systems

Christopher Nobes suggests that there are several reasons for the differences in accounting systems throughout the world. Read the article and write a two page report on the following: (1) Identify two reasons for differences in accounting systems ..

#### Certain production equipment used by cincinnati chemical

certain production equipment used by cincinnati chemical has become obsolete relative to current technology. th e

#### Which of the following is correct journal entry to record

On January 1, 2013, Davie Services issued \$20,000 of 8% bonds that mature in five years. They were sold at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On June 30, 2013, how much are the total interest p..

#### Cigars requiere 80000 in separable costs while chewing

western corp. produces two products cigars and chewing tobacco from a joint process involving the processing of tobacco

#### A company is trying to decide which of two new product

a company is trying to decide which of two new product lines to introduce in the coming year. the company requires a 12

#### The dump truck was acquired in 2007 for 70000 and has basis

in april a tornado damage a crane and a dump truck at one of its construction sites. the crane was acquired 2009 for

#### How much gross profit is recognized using percentage

How much gross profit is recognized using percentage of completion method in 2012 and 2013

#### The following income statement and information about

the following income statement and information about changes in noncash current assets and current liabilities are

#### A bond that has a 1000 par value and a contract or coupon

a bond that has a 1000 par value and a contract or coupon interest rate of 10.5. the bonds have a current market value

#### Muriel taxable income problem

Muriel, age 70 and single, is claimed as a dependent on her daughter's tax return. During 2009, she had interest income of \$2,400 and \$800 of earned income from babysitting. Muriel's taxable income is what?

#### Chester amp wayne is a regional food distribution company

chester amp wayne is a regional food distribution company. mr. chester ceo has asked your assistance in preparing