What is amount of amortization to pension expense for year

Assignment Help Financial Accounting
Reference no: EM13131314

At the beginning of the current year, a company has a net gain- AOCI of $50,800,000. At the same time, assume the PBO and the plan assets are $217,000,000 and $350,400,000, respectively. The average remaining service period for the employees expected to receive benefits is 10 years. What is the amount of amortization to pension expense for the year?

Reference no: EM13131314

Questions Cloud

Recurrence relation for the number of bit strings : Find a recurrence relation for the number of bit strings of length n that contain three consecutive 0s. What are the initial conditions?
What are the advantages of acquiring the majority : What are the advantages of acquiring the majority of the voting shares of another company rather than acquiring all of its voting stock?
College english coursework : College English coursework
Positive deficient square pentagonal numbers : Find the first five positive deficient square pentagonal numbers. The answer should demonstrate in a table with 3 columns how to get the corresponding m, n and Pm for each of the 5 numbers.
What is amount of amortization to pension expense for year : The average remaining service period for the employees expected to receive benefits is 10 years. What is amount of amortization to pension expense for the year?
Discuss the possible implication of non-stationarity : Identify whether the variables in your model suffer from non-stationarity. Discuss the possible implication of non-stationarity for your model and how this problem could be addressed.
Determining discrete math-induction : A flagpole is n feet tall. On this flag pole we display flags of the following types: red flags that are 1 foot tall, blue flags that are 2 feet tall and green flags that are 2 feet tall.
Confidence interval estimate for fraction of current student : Discovering that 12 will return to summer school. Construct a 90% confidence interval estimate for the fraction of current spring students who will return to summer school.
Personal experience inside and outside of academics : Relying on your readings for Unit I and your personal experience inside and outside of academics, define academic writing in a 100-200 word essay-style response about academic writing

Reviews

Write a Review

Financial Accounting Questions & Answers

  Determine o''brien vineyards degree of operating leverage

Evaluate O'Brien Vineyards margin of safety percentage? Determine O'Brien Vineyards degree of operating leverage?

  What amount related to bonds would baddour report

What amount(s) related to the bonds would Baddour report in its income statement for the year ended September 30, 2011? What amount(s) related to the bonds would Baddour report in its statement of cash flows for the year ended September 30, 2011? I..

  Evaluate the per unit variable cost

Given Garden House's current costs, will its owners be able to achieve their target profit? Evaluate the per unit variable cost for Garden House to achieve its target profit?

  Asset turnover and profit margin

Show the effect on the following measures: asset turnover, profit margin, ROI, and RI for the present fiscal year.

  Prepare an income statement for the year

Prepare a Supporting Schedule of Costs of Goods Manufacturing for the year ended 31 st December, 2009. Prepare an Income Statement for the year ended 31 st December, 2009.

  Evaluate annual bad debt expense

Which of the subsequent methods of determining annual bad debt expense best achieves the matching concept?

  Briefly describe other methods of obtaining the cash

Prepare a brief memo (no more than 120 words) giving the arguments for and against offering this preferred stock. In the memo also briefly describe other methods of obtaining the cash.

  Illustrate what is minimum transfer price that twyla accept

Illustrate what is the minimum transfer price that Twyla should accept? What is the potential loss to the corporation as a whole resulting from this forced transfer?

  Show the process costing system

Which of the companies would most likely use a process costing system and  the delivery of products or services to customers is an example of which element in the value chain

  Capital structure and ratio analysis

Investigate how the concepts of dividend policy, cost of capital, and other aspects of corporate financial management theory learned in this course affect the financial profile of the firm your group has selected.

  Illustrate yellow corporation charitable contributions

The stock, which trades on a regional stock exchange, has a $25,000 FMV on the contribution date. Illustrate what is Yellow Corporation’s charitable contributions deduction for the current year?

  Calculate the overhead controllable variance

The predetermined overhead rate is $6 per direct labor hour. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed. Calculate the overhead controllable variance.

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!

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