Given the following items and amounts, compute the actual return on plan assets: fair value of plan
Question:
Given the following items and amounts, compute the actual return on plan assets: fair value of plan assets at the beginning of the period $9,200,000; benefits paid during the period $1,400,000; contributions made during the period $1,000,000; and fair value of the plan assets at the end of the period $10,150,000.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
Computation of actual return on plan assets Fair value of plan assets at ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Question Posted:
Students also viewed these Accounting questions
-
The following items and amounts were taken from Motte Inc.s 2014 income statement and balance sheet. Instructions (a) In each, case, identify on the blank line whether the item is an asset (A),...
-
The following items and amounts were taken from Linus Inc.'s 2012 income statement and balance sheet. Instructions(a) In each, case, identify on the blank line whether the item is an asset (A),...
-
The following items and amounts were taken from Wayside Inc.'s 2010 income statement and balance sheet. Instructions (a) In each, case, identify on the blank line whether the item is an asset (A),...
-
Some observers maintain that not all politicians move toward the middle of the political spectrum in order to obtain votes. They often cite Barry Goldwater in the 1964 presidential election and...
-
The voltage v across a device and the current I through it are v(t) = 5 cos 2t V, i(t) (1 - e-0.5t)A Calculate: (a) The total charge in the device at t = 1 s (b) The power consumed by the device at t...
-
The lengths of the 575 items in a candle makers workshop are represented in the histogram. a. What proportion of the items are less than 25cm long? b. Estimate the number of items that are between...
-
Suppose you are a salesperson working 50 weeks per year, five days a week, eight hours a day. You want to make \($50,000\) per year, which is based on a 10 percent commission of gross sales. How many...
-
1. Convert your ERD to a domain class diagram. 2. Develop a use case diagram. 3. Create a fully developed use case description or an activity diagram for each use case. 4. Develop a system sequence...
-
Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 250 $10 $2,500...
-
n Client Profile Ms. Fox is a 20-year-old black American who presents to the emergency department with complaints of chest pain and some shortness of breath. Ms. Fox indicates that she has had a...
-
Explain the difference between service cost and past service cost.
-
At the end of the current period, Jacob Inc. has a defined benefit obligation of 125,000 and pension plan assets with a fair value of 98,000. The amount of the vested benefits for the plan is 95,000....
-
Which of the following is correct for two companies that want to file a consolidated tax return as an affiliated group? a. One company must hold at least 51 percent of the other companys voting...
-
The Casino at Monte Carlo monitors one particular roulette wheel ( there are 3 7 slots numbered 0 to 3 6 ) over a period of time. In 1 0 , 0 0 0 spins they record 4 9 1 5 red results, 4 8 0 1 black...
-
a) Sam Gamgee, who bought the old mill from Ted Sandyman, is spending $500 on new equipment this year. The old equipment worth $400 had been just torn down by a mob of hobbits. What is the Shire's...
-
Michelle is eligible to receive an annual Old Age Security (OAS) benefit of $6,942.36. If the OAS clawback threshold is $74,788, Michelle's net income is $81,963 and her combined marginal tax rate is...
-
Can overconsumption of the supplement affect the body's natural production of it? Explain Briefly.
-
In an essay-style document explain the economic and non-economic reasons for government intervention in international trade.
-
Prove that converges for all exponents a. Show that (x) = (ln x) a /x is decreasing for x sufficiently large. 00 (1)n+1 (Inn)a n n=1
-
Which should drive action planning more, strengths or weaknesses? That is, is it more important to build on your strengths or to reduce your weaknesses? Explain.
-
Frank owes Jim $1,000. Frank contracts with Danylo to pay the $1,000 and notifies Jim of the contract by e-mail. Jim replies by e-mail that he agrees. After Frank receives Jims reply, Danylo and...
-
Long-Term ContractPercentage-of-Completion Widjaja Company is accounting for a long-term construction contract using the percentage-of-completion method. It is a 4-year contract that is currently in...
-
Revenue RecognitionMembership Fees Midwest Health Club offers one-year memberships. Membership fees are due in full at the beginning of the individual membership period. As an incentive to new...
-
Revenue RecognitionMembership Fees Midwest Health Club offers one-year memberships. Membership fees are due in full at the beginning of the individual membership period. As an incentive to new...
-
In response to a client request, draft an email that explains why you are unable to fulfill her request. Keeping her as a client is your primary goal, so remember that. The "Company Policy Excuse" is...
-
Share a situation in your personal or professional life that made you more aware that your perception had an impact on a communication exchange. Discuss two strategies for avoiding perceptual errors...
-
What are the primary purposes of corporate restructurin? when and why multi business corporations implement the restructuring strategy? Explain with Example
Study smarter with the SolutionInn App