User Account

All Pages

Find the balance of the projected benefit obligation

Assignment Help Accounting Basics
Reference no: EM132733736

Question - On January 1, 2017, Roca Co. has the following balances:

Projected benefit obligation $3,730,000

Fair value of plan assets 3,340,000

The settlement rate is 10%. Other data related to the pension plan for 2017 are:

Service cost $334,000

Amortization of unrecognized prior service costs 78,000

Contributions 390,000

Benefits paid 150,500

Actual return on plan assets 338,100

Amortization of unrecognized net gain 33,400

Find the balance of the projected benefit obligation for Roca at December 31, 2017?

a. $4,286,500.

b. $4,490,500.

c. $4,061,500.

d. $4,038,100.

Reference no: EM132733736

Questions Cloud

Explain why the salesmen were so low in morale : Explain why the salesmen were so low in morale. Provide your recommendations for Bodine Electronics in light of any CLASSICAL motivation theories.
Discuss attribution theory : What is perception? Briefly discuss several factors that influence perception. Discuss attribution theory? How could theory assist a manager of 15 employees?
Why critical thinking and research strategies important : Why are critical thinking and effective research strategies important not only to your academic career, but to your professional career as well?
How do make an ethical culture in my firm : Explain if a leader asked you "How do make an ethical culture in my firm?", what are the first THREE (3) things you would tell him or her?
Find the balance of the projected benefit obligation : Amortization of unrecognized prior service costs 78,000. Find the balance of the projected benefit obligation for Roca at December 31, 2017
How do global threats change way multinational enterprises : How do global threats (e.g. Covid pandemic) change the way Multinational Enterprises manage their global workforce? Explain in detail with an example.
Explain different information systems used in health care : Choose 2 different information systems used in health care. Create a 5- 10-slide Microsoft PowerPoint presentation in which you define and describe each.
Compliance and ethics program : Based on your opinion discuss if ethically managed organizations are more profitable than other and critically evaluate can an installation of ethics officer
Give two examples of works of visual art : Give two examples of works of visual art or other Fine Arts that you feel have remained meaningful for many years and have not physically changed?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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