subject
Business, 13.12.2019 21:31 teacherpreacher

Louie company has a defined benefit pension plan. on december 31 (the end of the fiscal year), the company received the pbo report from the actuary. the following information was included in the report: ending pbo, $110,000; benefits paid to retirees, $10,000; interest cost, $8,000. the discount rate applied by the actuary was 8%. what was the service cost for the year?

a. $2,00
b.$12,00
c. $18,00
d. $92,000

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:00
Shereen has accidentally overdrawn her checking account this month. , she has a little money in savings and can cover costs for now, but she has to find a way to reduce her monthly spending. which strategy will not shereen reduce her monthly expenses?
Answers: 1
question
Business, 21.06.2019 19:20
25. kerry company plans to sell 200,000 units of finished product in july and anticipates a growth rate in sales of 5% per month. the desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. there are 150,000 finished units in inventory on june 30. kerry company's production requirement in units of finished product for the three-month period ending september 30 is: a. 712,025 units b. 630,500 units c. 664,000 units d. 665,720 units
Answers: 3
question
Business, 21.06.2019 21:30
In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security
Answers: 2
question
Business, 21.06.2019 23:10
At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?
Answers: 2
You know the right answer?
Louie company has a defined benefit pension plan. on december 31 (the end of the fiscal year), the c...
Questions
question
Biology, 11.03.2022 17:20
question
Mathematics, 11.03.2022 17:20
question
Advanced Placement (AP), 11.03.2022 17:20