User Account

All Pages

There were no actuarial gains or losses at january 1 2013

Assignment Help Accounting Basics
Reference no: EM13481459

The following information for Cooper Enterprises is given below:

  • December 31, 2013
  • Assets and obligations
  • Plan assets (at fair value) $200,000
  • Accumulated benefit obligation 370,000
  • Projected benefit obligation 400,000
  • Other Items
  • Pension asset / liability, January 1, 2013 10,000
  • Contributions 120,000
  • Accumulated other comprehensive loss 167,900

There were no actuarial gains or losses at January 1, 2013. The average remaining service life of employees is 10 years.
What is the pension expense that Cooper Enterprises should report for 2013?

Reference no: EM13481459

Questions Cloud

What will be the balance on september 1 2010 in a fund : use the following 8 interest factors for questions 39 through
When the liquidation commenced expenses of 20000 were : the partnership of marks norris smith and savannah has now operated for several years.nbspnbspnbsplast year marks and
How might that business be operated under each of the two : generally companies follow one of two broadstrategies offering a quality product at a lowprice or offering a unique
Trout company is considering introducing a new line of : trout company is considering introducing a new line of pagers targeting the preteen population. trout believes that if
There were no actuarial gains or losses at january 1 2013 : the following information for cooper enterprises is given below december 31 2013assets and obligations plan assets at
Adshaw corp has identified three cost pools in its : adshaw corp. has identified three cost pools in its manufacturing process equipment maintenance setups and quality
Wendy is evaluating a capital budgeting project that should : wendy is evaluating a capital budgeting project that should last for 4 years. the project requires 800000 of
Determine the ending balance in the raw materials work in : oniel company began the year with 870000 of raw material inventory 1390000 of work-in-process inventory and 620000 of
On january 1 2010 anderson corporation had 60000 shares of : on january 1 2010 anderson corporation had 60000 shares of 1 par value common stock issued and outstanding. during the

Reviews

Write a Review

Accounting Basics Questions & Answers

  Rovniak reeds a manufacturer of saxophone oboe and clarinet

rovniak reeds a manufacturer of saxophone oboe and clarinet reeds has projected sales to be 890000 in october 950000 in

  Mandatory rules for recognition of gain or loss

For property which is involuntarily converted that is replaced with similar property - what are the mandatory rules for recognition of gain or loss (an example would be great)?

  Treatment of research-development costs

Describe how software companies like PeopleSoft treat software development costs differently from the typical GAAP treatment of research and development costs in other industries. Why is this the case?

  Describe why a lump sum government transfer can entice some

explain why a lump sum government transfer can entice some workers to stop working and entices no one to start working

  Prepare a consolidation worksheet

Required: Assuming that these two companies retained their separate legal identities, prepare a consolidation worksheet as of December 31, 2009.

  Bamboo dividends received deduction

A. What is Bamboo's dividends received deduction? B. How would your answer change if the gross income from operations was $140,000 instead of $200,000?

  Paid-in capital at the end

Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2011, Poodle had the following transactions relating to shareholders' equity:

  Refinancing payment

Blocker, Inc. had $10,000 of notes coming due on January 10, 2011- how much of the $10,000 note should be shown as current?

  Description of business analysis

Compare and contrast how production analysis is performed and capable to evaluate production situations using economy of scale, elasticity and other analytic tools.

  Total business profit of the partnership

Which of the following is TRUE of the net business profit of the partnership?

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Incremental cost associated with producing

What is the incremental cost associated with producing an extra 50,000 jars of salsa. What is the incremental cost associated with the price reduction of $0.30 per jar?

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