subject
Business, 30.11.2021 22:30 angelinaranee15

Swifty Corp. has the following beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets. PBO Plan Assets Value
2016 $2,280,000 $2,166,000
2017 2,736,000 . 2,850,000
2018 . 3,363,000 . 2,964,000
2019 . 4,104,000 . 3,420,000
The average remaining service life per employee in 2016 and 2017 is 10 years and in 2018 and 2019 is 12 years. The net gain or loss that occurred during each year is as follows: 2016, $319,200 loss; 2017, $102,600 loss; 2018, $12,540 loss; and 2019, $28,500 gain. (In working the solution, the gains and losses must be aggregated to arrive at year-end balances.)
Using the corridor approach, compute the amount of net gain or loss amortized and charged to pension expense in each of the four years, setting up an appropriate schedule.
Year . Minimum Amortization of Loss
2016 $
2017 $
2018 $
2019 $

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 15:30
University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times
Answers: 2
question
Business, 23.06.2019 10:30
According to the graph, how much did individuals making $20,000 to $50,000 a year pay in income taxes? according to the graph, how much revenue did the government receive from individuals earning $200,000 and above?
Answers: 2
question
Business, 23.06.2019 11:30
2. how has taobao created economic opportunities for chinese entrepreneurs that were inaccessible to them before?
Answers: 1
question
Business, 23.06.2019 14:30
Problem 1. the following balance sheet contains errors. lopez services,inc. balance sheet for the year ended december 31, 20-- assets liabilities current assets: current liabilities: cash $ 6,170 accounts receivable $ 9,000 accounts payable 8,500 accum. depr- building 13,525 supplies 1,590 accum. depr- equipment 6,340 prepaid insurance 345 net income 12,500 land 25,000 total current assets $ 42,105 total liabilities $ 40,865 stockholders equity property, plant, and equipment: wages payable $ 500 building $ 45,500 retained earnings 10,000 equipment 28,250 total stockholders' equity $ 64,490 total property, plant, and equipment 73,750 total assets $115,855 total liabilities and stockholders' equity $115,855 (a) list the errors in the balance sheet above and (b) prepare a corrected balance sheet using ms excel
Answers: 3
You know the right answer?
Swifty Corp. has the following beginning-of-the-year present values for its projected benefit obliga...
Questions
question
Mathematics, 19.09.2020 01:01
question
History, 19.09.2020 01:01
question
Law, 19.09.2020 01:01
Questions on the website: 13722363