Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help You are an analyst for Oputent Wealth Management. One of the companles you follow is Metagrobolize Industries. While looking at the company's financials,

please help
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
You are an analyst for Oputent Wealth Management. One of the companles you follow is Metagrobolize Industries. While looking at the company's financials, you have become concemed with certain aspects of Metagrobolize's defined benefit pension plan. You have enlisted the assistance of your staff to create a Tableau Dashboard depicing trends in pension expense, pension liabilities, and pension assets for the most recent ten years, plus projected amounts of pension liabilities, and pension assets for next year (\$ in miltions). Finnded Statue ar Dancin. Din.. Actual vs Expected Return on Plan Assets Pawing from the data availablo, assess the following: Complete this question by entering your answers in the tabs below. Drawing from the data avallable, assess the following: Complete this question by entering your answers in the tabs below. What was the funded status of Metagrobolize's pension plan in 2021? $105 million Net Pension Liability $413 million Net Pension Liability 5578 million Net Pension Asset. Drawing from the data avaliable, assess the following: Complete this question by entering your answers in the tabs below. How would you describe the trend in the company's funded status? Aeginning in 2020, there is a szable and growing underfunding of the pension obhation The companys pension assets have mantained a somewhat steady growth rate The funded status of the pension obligation has shufed between being underfunded and oveifunded but with no discemable trend. Drawing from the dota avallable, assess the following: Complete this question by entering your answers in the tabs below. How would you describe the trend in the company's pension expense? Drawing from the data avallable, assess the following: Complete this question by entering your answers in the tabs below. How would you characterize the relationship between the company's actual return on plan assets and the expected return? Metagrobolize increased its expected return on plan assets in 2018 while the actual teturn was declining. Metagrobolize increasod its expected return on plan assets in 2018, and that increase contributed to the increase in pension expense Iniakn the actual return, the expected return has no elfoct on pension expense Drawing from the data avallable, assess the following: Complete this question by entering your answers in the tabs below. How might your onoivsis of the Dashbobrd affect your opinion on the position of Metagrobolite's pension plan? The growthin the ste of the person plan and pension expense reflect arowiog stiength in the position of Matagrobolizes pension plan The satteins the Denhboard conveys do nod rane any conceems that might asoct your openion on the postion of Motagrobolize's ponsion plan. The scratile and growno underfunding of the pension obigation togother with the maskng etllect on the cost of the pension plan of increasing the

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Implementing Change With Clinical Audit

Authors: Richard W. Baker, Hilary M. Hearnshaw, Noelle Robertson

1st Edition

0471982571, 978-0471982579

More Books

Students also viewed these Accounting questions

Question

code for doubly linked list

Answered: 1 week ago

Question

Persuading Your Audience Strategies for

Answered: 1 week ago