The projected benefit obligation was 80 million at the

Reference no: EM13599185

The projected benefit obligation was $80 million at the beginning of the year and $85 million at the end of the year. At the end of the year, pension benefits paid by the trustee were $6 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary's discount rate was 5%. What was the amount of the service cost for the year?

Reference no: EM13599185

Questions Cloud

On august 10 jameson corporation reacquired 8000 shares of : on august 10 jameson corporation reacquired 8000 shares of its 100 par value common stock at 134. the stock was

Company a sold 8 million shares of its 1 par common stock : company a sold 8 million shares of its 1 par common stock to provide funds for research and development. if the issue

Ai tool and dye issued 8 bonds with a face amount of 160 : ai tool and dye issued 8 bonds with a face amount of 160 million on january 1 2011. the bonds sold for 150 million. for

Jan 7 articles of incorporation are filed with the state : prepare journal entries to record following transactions of lind corporation for its initial year of existence.a jan. 7

The projected benefit obligation was 80 million at the : the projected benefit obligation was 80 million at the beginning of the year and 85 million at the end of the year. at

O january 1 a company borrowed cash by issuing a 300000 5 : on january 1 a company borrowed cash by issuing a 300000 5 installment note to be paid in three equal payments at the

Jc controls inc issued 12000000 of 15-year 10 bonds the : jc controls inc. issued 12000000 of 15-year 10 bonds. the market rate at the time of issue was 12 interest is payable

Pension plan assets were 80 million at the beginning of the : pension plan assets were 80 million at the beginning of the year and 83 million at the end of the year. the return on

Newcarcom inc an innovative internet-based automobile : newcar.com inc. an innovative internet-based automobile retailer based in ghana is beginning to seek customers in the

User Account

All Pages

The projected benefit obligation was 80 million at the

Reference no: EM13599185

Reference no: EM13599185

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

The recoverable amount of the equipment at december 31 2015

Brewer company is considering purchasing a machine that

Warrants exercisable at 10 each to obtain 20000 shares of

Ohs solutions pty ltd is a company formed by three friends

Continental industries is a diversified manufacturing

Prepare the general journal entry to record this requisition

Healthy population is particularly important for developing

During your year-end review of the accounts related to

Estimate the amount of uncollectible accounts as of

On january 1 jkr shop had 490000 of inventory at cost in

What is els corps current year ace adjustment assuming its

Identify the relevant tax issues for jack

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT