Question: i will thumbs up for fast response and correct amswer Assume that at the beginning of the current year, a company has a net gain-AOCI

i will thumbs up for fast response and correct amswer

Assume that at the beginning of the current year, a company has a net gain-AOCI of $26,700,000. At the same time, assume the PBO and the plan assets are $239,100,000 and $154,600,000, 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? Multiple Choice $2,124,000. O $279,000 $845,000 $285,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Match the following concepts. Group of answer choices Consult your loved ones [ Choose ] Line up sympathetic interest groups, who can support with a show in numbers Whistle blowing is a family...

for this assignment please read the background, and answer the following questions on pages 4-5. Also please complete and show work on the ratio worksheet pages 8-9. Please show work. please answer...

dear i want to do a report for my financial project, the report should contains company as introduction, and analyze some ratios and some recommendation. FIN 600: Advanced Financial Management Summer...

Please help me B. Foundation (40 points) You are given information from the Foundation FastTrack for a simulation in competition round 3 pp.3-8 in a separate handout. Use the information given to...

Hi there. I need my assignment checked please by an expert. Correct what is wrong. Please be sure of it. I will post the questions in the photos. and the answers I'll list them below. I need it by...

Foundation Round: 1 Dec. 31, 2016 FastTrack F71143 Andrews Iman Seoudi Baldwin Chester Digby Erie Ferris Andrews -0.6% 1.36 -0.8% Selected Financial Statistics Baldwin Chester 5.0% 5.7% 1.62 8.1%...

MGMT 640 Midterm Exam Ques. 1) Which of the following is not an advantage of the corporate form of business organization? a. Sell debt or equity in public capital markets b. Owners have limited...

Hello, I have assessment.. Step 1 : Calculate the following ratios for the latest five years using the O-S Checklist Approach, an Excel template . For an overview of the approach, read our article,...

MULTIPLE CHOICE 1 Using the recurrence relation t0 = 8, tn+1 = tn + 9, the sixth term would be: A 2 15 B 17 C 23 D 53 E 62 A canoe costs $40 to hire for the first day and $30 for each extra day. If...

Hi, could you please help me solve this? Thank you so much. Chester, Inc. Trial Balances for years ending December 31, 2013, 2014, and 2015 Account Description Cash on Hand Regular Checking Account...

just fill in the yellow parts thank u Date Fled: Feb 19,2020 Period End: Dec 31, 2019 EL LILLY AND COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollars in millions, shes in thousands) in the...

In recent years the average time it takes audit teams from Trimble and Martin to complete a company audit has been 55.8 hours. In monitoring the performance of one of these audit teams recently,...

Besides defending the assumptions made when preparing a budget, the preparer should be able to defend the numbers in a budget. For example, if minimum wage is increasing significantly and the...

9 , 4 1 2 . 0 0 Transaction Description: Form 3 . April 1 Issued Check No . 2 2 0 1 for $ 1 4 , 2 6 8 . 8 0 to Alexus Fitness Connection in payment of its invoice of March 6 . Form 3 1 . April 1 6...

(Appendices) James, age 28, was laid off by an auto manufacturer when the firm began retooling to produce a new model car. He knows he will be called back to work when the model changeover is...

(Appendices) What are sales allowances? How do sales allowances differ from sales discounts? LO22

(Appendices) One of the most critical problems in unemployment compensation at the present time is the inadequate financing of benefits, which caused the majority of states to deplete their trust...