subject
Business, 05.05.2020 06:35 dkargbo6034

At January 1, 2020, Flounder Company had plan assets of $285,300 and a projected benefit obligation of the same amount. During 2020, service cost was $28,300, the settlement rate was 10%, actual and expected return on plan assets were $25,700, contributions were $20,400, and benefits paid were $17,000. Prepare a pension worksheet for Flounder Company for 2020.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 14:30
Taking commercial paper means the holder acts honestly
Answers: 1
question
Business, 22.06.2019 21:00
There is just one person in our group, silvia, who seems to have radically different ideas about how to complete our project. she seems to purposely disagree with the majority opinions of the rest of us though yesterday she said something that made a lot of sense to us solve our production problem. i suggested to the entire group today that we hear silvia’s suggestions and asked silvia to share in-depth more of what she said yesterday. i am using which adaptive leader behavior?
Answers: 2
question
Business, 23.06.2019 00:50
Exercise 12-7 shown below are comparative balance sheets for flint corporation. flint corporation comparative balance sheets december 31 assets 2017 2016 cash $ 201,348 $ 65,142 accounts receivable 260,568 225,036 inventory 494,487 559,629 land 236,880 296,100 equipment 769,860 592,200 accumulated depreciation—equipment (195,426 ) (94,752 ) total $1,767,717 $1,643,355 liabilities and stockholders’ equity accounts payable $ 115,479 $ 127,323 bonds payable 444,150 592,200 common stock ($1 par) 639,576 515,214 retained earnings 568,512 408,618 total $1,767,717 $1,643,355 additional information: 1. net income for 2017 was $275,373. 2. depreciation expense was $100,674. 3. cash dividends of $115,479 were declared and paid. 4. bonds payable amounting to $148,050 were redeemed for cash $148,050. 5. common stock was issued for $124,362 cash. 6. no equipment was sold during 2017. 7. land was sold for its book value. prepare a statement of cash flows for 2017 using the indirect method.
Answers: 1
question
Business, 23.06.2019 01:00
Motonous corporation has completed its fiscal year and reported the following information. the company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. the firm also has current liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. how much retained earnings does the firm have?
Answers: 2
You know the right answer?
At January 1, 2020, Flounder Company had plan assets of $285,300 and a projected benefit obligation...
Questions
question
Physics, 20.02.2021 18:00
question
Biology, 20.02.2021 18:00
question
World Languages, 20.02.2021 18:00
question
History, 20.02.2021 18:00
question
Mathematics, 20.02.2021 18:00
question
Arts, 20.02.2021 18:00
Questions on the website: 13722363