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If Olsen Industries has a projected benefit obligation of $5899 and a fair value of its plan assets of $4741 which of the following should
If Olsen Industries has a projected benefit obligation of $5899 and a fair value of its plan assets of $4741 which of the following should they record on their balance sheet? Select one: a. $1158 pension liability b. $1158 pension asset c. $5899 pension liability d. $4741 pension asset Zane Company has a defined benefit plan for three employees. The three employees plan to retire on December 31, 2020, December 31, 2021 and December 31, 2022, respectively. Zane amends its pension plan on January 1, 2020, and grants $3811 of prior service costs to its employees. Using the Years-of-Service method, what would be the Annual Amortization for 2020? Select one: a. $1905.50 Ob. $635.17 c. $1270.33 d. $3811 12 During 2018, Smartie Co. had 50000 in weighted average number of common shares outstanding and had revenues of $425210 and expenses of $252949. (they were very smart so they did not pay any taxes) What is the company's basic earnings per share? ut of Select one: a. $3.45 b. $8.50 c. $5.06 d. $1.68
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