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...
-
Find the mold constant B and exponent n in Chvorinov's rule using the following data and a log-log plot. Shape Dimensions Solidification Time (s) (cm) Cylinder Radius-10, Length-305000 Sphere Radius...
-
What is Agile? AppendixLO1
-
If Wild Widgets, Inc., were an all-equity company, it would have a beta of .85. The company has a target debtequity ratio of .40. The expected return on the market portfolio is 11 percent, and...
-
ch 21 pt 3 Instructions During the first month of operations ended May 31 Bosky Creation Company produced 40.000 designer cowboy boots, of which 36.000 were sold Opening data for the month are...
-
Roberta Santos, age 41, is single and lives at 120 Sanbome Avenue, Springfield, IL 60781. Her Social Security number is 123-45-6789. Roberta has been divorced from her former husband, Wayne, for...
-
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....
-
A milk retailer wishes to design a milk carton that has a square cross-section, as illustrated in Figure 8.39(a), and is to contain two pints of milk (2 pints 1.136 litres). The carton is to be made...
-
Prove (11.32) . E (Yi,k | Zi = 0, = e) = E (Yi,k | i = 1, = e) = E (Yi,k | Ti = e), k = 1,2. (11.32)
-
University Medical Center needs to move from its existing facility to a new and larger facility five miles away from its current location. Due to construction delays, however, much of the new...
-
Calculate the base value or lump sum for each of the single and married filing jointly 2016 brackets given in Table 6.4. Table 6.4 ITABLE 6.4 Corporate Income Brackets and Tax Rates, 2015 Taxable...
-
Show that staged column diameter is proportional to (feed rate) \({ }^{1 / 2}\) and to \((1+\mathrm{L} / \mathrm{D})^{1 / 2}\).
-
An atmospheric column with 25 real stages is operating with a pressure drop of 0.6 in. of water per stage. Assume pressure drop in the condenser and the reboiler is \(1.2 \mathrm{in}\). of water...
-
Calculate the future value of $2000 in a. Five years at an interest rate of 5% per year. b. Ten years at an interest rate of 5% per year. c. Five years at an interest rate of 10% per year. d. Why is...
-
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...
-
Comfort Golf Products is considering whether to upgrade its equipment Managers are considering two options. Equipment manufactured by Stenback Inc. costs $1,000,000 and will last five years and have...
-
Weaver Corporation had the following stock issued and outstanding at January 1, Year 1: 71,000 shares of $10 par common stock. 8,500 shares of $60 par, 6 percent, noncumulative preferred stock. On...
-
Read the following case and then answer questions On 1 January 2016 a company purchased a machine at a cost of $3,000. Its useful life is estimated to be 10 years and then it has a residual value of...
Study smarter with the SolutionInn App