User Account

All Pages

What was the percentage rate of return on plan assets

Assignment Help Accounting Basics
Reference no: EM131003209

1. Pension plan assets were $100 million at the beginning of the year and $104 million at the end of the year. At the end of the year, retiree benefits paid by the trustee were $6 million and cash invested in the pension fund was $7 million. What was the percentage rate of return on plan assets? 

Reference no: EM131003209

Questions Cloud

Why manipulation of consumers is not relevant to marketing : Identify the statement that provides a reason why manipulation of consumers is not relevant to marketing ethics:
Calculate the value of the led current : The diagram of FIGURE 2 shows a bi-directional opto coupler input interface circuit. When a supply voltage of 20 V is applied the LED carries a current and 2 V is dropped across it. Calculate the value of the LED current and the value of current t..
Following is an example of a straight rebuy : Which of the following types of competition is based on products that have similar features and provide the same basic function?
Identify the activity that ecocentric ethics : Identify the activity that ecocentric ethics would not accept as morally legitimate:
What was the percentage rate of return on plan assets : At the end of the year, retiree benefits paid by the trustee were $6 million and cash invested in the pension fund was $7 million. What was the percentage rate of return on plan assets?
What would jds report if the plan assets : What, if any, pension liability must be reported in the balance sheet? What would JDS report if the plan assets were $45 million instead?
At the end of the year pension benefits paid by the trustee : The actual return on plan assets was $5 million although it was expected to be only $4 million. What was the pension expense for the year?
What was the pension expense for the year : On average, employees' remaining service life with the company is 10 years. What was the pension expense for the year?
Evaluate ibm revenue growth : Evaluate IBM's Revenue growth, Receivables, and Gross margins and over the period. Be sure to control for seasonality (e.g., compute the same quarter to same quarter change in these items)

Reviews

Write a Review

Accounting Basics Questions & Answers

  Converts analog voice signals to digital signals

The device on a digital telephone that converts analog voice signals to digital signals is called

  Compute the labor rate and efficiency variances

Compute the labor rate and efficiency variances

  Sum-of-the-years-digits to straight-line

A change from sum-of-the-years-digits to straight-line is what kind of situation? How do you know?

  A product sells for 125 variable costs are 80 and fixed

a product sells for 125 variable costs are 80 and fixed costs are 45000. if the selling price can be increased by 20

  The prescribed accounting treatment for stock dividends

The prescribed accounting treatment for stock dividends implicitly assumes that shareholders are fooled by small stock dividends and benefit by the market value of their additional shares. Explain this statement. Is it logical?

  Comptac inc which is headquartered in san francisco

comptac inc. which is headquartered in san francisco california is one of the leading software manufacturers in the

  On september 1 2011 core companys balance sheet indicates

on september 1 2011 core companys balance sheet indicates there are 600000 shares of 30 par value common shares in the

  Discharge of indebtedness situation

Determine the amount of income that must be recognized in each discharge of indebtedness situation that follows.

  Explain the difference between equity section of a

brandywine homecare a not-for-profit business had revenues of 12 million in 2007. expenses other than depreciation

  How much was the gross profit

Based on these data, prepare a multi step income statement. How much was the gross profit? What was the gross profit percentage? (Round to one decimal place.) Explain what these two amounts mean. Did the gross profit percentage in the current year im..

  Property taxes payable-annual adjustments

Lexington Builders owns property in Kaneland County. Lexington's 2013 property taxes amounted to $50,000. Kaneland County will send out the 2014 property tax bills to property owners during April 2015. Taxes must be paid by June 1, 2015. Assume th..

  Statement concerning the cash budget

Which of the following statements is NOT correct concerning the Cash Budget?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd