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inter med 6. James Shu the actuary for Ames Co. reports the following information for pension calculations purposes. a. Calculate pension expense, given service costs
inter med
6. James Shu the actuary for Ames Co. reports the following information for pension calculations purposes. a. Calculate pension expense, given service costs $46, Beginning Balance in PBO $ 650, interest rate 2%, expected return on plan assets $ 33 gain, amortization of prior service cost $ 6, amortization of net loss $ 2. Present your calculation. b. Calculate PBO given the following information. Beginning PBO S 360, service cost $ 30, interest at 5%, gain on PBO $ 27, retirement benefits paid $ 29. Present your calculations. c. Calculate ending Plan assets given the following information. Beginning balance $ 250, net actual return $ 25, cash contributions $ 33, paid to retirees $ 30. Present your calculations Step by Step Solution
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