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please answer the following, thank you 6:59 PM 0.0KB/s .all 51 F Quizzes D Question 22 5 pts At the beginning of the year, ABC

please answer the following, thank you

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6:59 PM 0.0KB/s .all 51 F Quizzes D Question 22 5 pts At the beginning of the year, ABC Corp provided the following information related to a defined benefit plan: FVPA 6,000,000 PBO (5,000,000) Prepaid/accrued 1,000,000 benefit cost Asset ceiling (700,000) Effect of asset 300,000 ceiling During the current year, the following are provided: Current 700,000 service cost Actual return 900,000 on plan asset Contribution 1,000,000 to the plan Past service 200,000 cost6:59 PM 0.1KB/s / .ill 50 Quizzes During the current year, the following are provided: Current 700,000 service cost Actual return 900,000 on plan asset Contribution 1,000,000 to the plan Past service 200,000 cost Decrease in projected benefits due 500,000 to change in actuarial assumptions Assetceiling, 1,200,000 year-end Discount rate 10% Determine the following: 1. FV of plan assets at year-end [ Select ] 2. PBO at year-end6:59 PM 2.5KB/s / all 51 Quizzes UCLI COSC III projected benefits due 500,000 to change in actuarial assumptions Assetceiling, 1,200,000 year-end Discount rate 10% Determine the following: 1. FV of plan assets at year-end [ Select ] 2. PBO at year-end [ Select ] 3. Effect of asset ceiling at year-end [ Select ] 4. Employee benefits expense [ Select ] 5. Net Remeasurement gain/(loss) [ Select ]D Question 24 1 pts During the year, the entity sold 80,000 units of wallets. Each wallet has a coupon that will entitle the customer to a cash rebate of P50. [t is estimated that 70% of the total coupons will be redeemed. If 35,000 coupons were processed during the year, how much is the liability at the end of the year? U 1,050,000 U 2,300,000 U 1,225,000 (U; 1,750,000

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