Question: Please explain any math or journal entries on this question. I'm studying for a test so im trying to understand the process. Thank you in
Use the following information for the next two questions. Presented below is information related to Marley Inc. pension data for 2022. Service cost $1,000,000 Actual return on plan assets 80,000 Interest on projected benefit obligation 420,000 Amortization of prior service cost 270,000 Unexpected loss on plan assets 20,000 Contributions 1,500,000 9. What is the amount of expected return on plan assets in 2022? a. $20,000. b. $60,000. c. $80,000 d. $100,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
