{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-08T03:09:33-04:00", "answer_date": "2024-06-08 03:09:33", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2452232", "url": "\/study-help\/questions\/please-show-calculations-thanks-nash-corp-has-the-2452232", "question_creation_date_js": "2024-06-08T03:09:33-04:00", "question_creation_date": "Jun 08, 2024 03:09 AM", "meta_title": "[Solved] Please show calculations. Thanks : ) Nash | SolutionInn", "meta_description": "Answer of - Please show calculations. Thanks : ) Nash Corp. has the following beginning - of - the - year present values for its p | SolutionInn", "meta_keywords": "show,calculations,thanks,nash,corp,beginning,-,year,present,values,projected,benefit", "question_title_h1": "Please show calculations. Thanks : ) Nash Corp. has the following beginning - of - the - year present values for its projected benefit obligation", "question_title": "Please show calculations. Thanks : ) Nash Corp. has the following beginning", "question_title_for_js_snippet": "Please show calculations Thanks ) Nash Corp has the following beginning of the year present values for its projected benefit obligation and market related values for its pension plan assets The average remaining service life per employee in 2 0 1 9 and 2 0 2 0 is 1 0 years and in 2 0 2 1 and 2 0 2 2 is 1 2 years The net gain or loss that occurred during each year is as follows 2 0 1 9 , $ 3 3 8 , 8 0 0 loss 2 0 2 0 , $ 1 0 8 , 9 0 0 loss 2 0 2 1 , $ 1 3 , 3 1 0 loss and 2 0 2 2 , $ 3 0 , 2 5 0 gain ( In working the solution, the gains and losses must be aggregated to arrive at year end balances ) Using the corridor approach, compute the amount of net gain or loss amortized and charged to pension expense in each of the four years, setting up an appropriate schedule ", "question_description": "\"image
Please show calculations. Thanks : <\/span>)<\/mi><\/mrow><\/math> <\/span> <\/div>
Nash Corp. has the following beginning<\/span>-<\/mo><\/mrow><\/math>of<\/span>-<\/mo><\/mrow><\/math>the<\/span>-<\/mo><\/mrow><\/math>year present values for its projected benefit obligation and market<\/span>-<\/mo><\/mrow><\/math>related values for<\/span> <\/div>
its pension plan assets.<\/span><\/div>
The average remaining service life per employee in <\/span>2<\/mn>0<\/mn>1<\/mn>9<\/mn><\/mrow><\/math> and <\/span>2<\/mn>0<\/mn>2<\/mn>0<\/mn><\/mrow><\/math> is <\/span>1<\/mn>0<\/mn><\/mrow><\/math> years and in <\/span>2<\/mn>0<\/mn>2<\/mn>1<\/mn><\/mrow><\/math> and <\/span>2<\/mn>0<\/mn>2<\/mn>2<\/mn><\/mrow><\/math> is <\/span>1<\/mn>2<\/mn><\/mrow><\/math> years. The net gain or loss<\/span> <\/div>
that occurred during each year is as follows: <\/span>2<\/mn>0<\/mn>1<\/mn>9<\/mn>,<\/mo><\/mrow><\/math>$<\/span>3<\/mn>3<\/mn>8<\/mn>,<\/mo>8<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> loss; <\/span>2<\/mn>0<\/mn>2<\/mn>0<\/mn>,<\/mo><\/mrow><\/math>$<\/span>1<\/mn>0<\/mn>8<\/mn>,<\/mo>9<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> loss; <\/span>2<\/mn>0<\/mn>2<\/mn>1<\/mn>,<\/mo><\/mrow><\/math>$<\/span>1<\/mn>3<\/mn>,<\/mo>3<\/mn>1<\/mn>0<\/mn><\/mrow><\/math> loss; and <\/span>2<\/mn>0<\/mn>2<\/mn>2<\/mn>,<\/mo><\/mrow><\/math>$<\/span>3<\/mn>0<\/mn>,<\/mo>2<\/mn>5<\/mn>0<\/mn><\/mrow><\/math> gain.<\/span> <\/div>
(<\/mi><\/mrow><\/math>In working the solution, the gains and losses must be aggregated to arrive at year<\/span>-<\/mo><\/mrow><\/math>end balances.<\/span>)<\/mi><\/mrow><\/math> <\/div>
Using the corridor approach, compute the amount of net gain or loss amortized and charged to pension expense in each of the four<\/span><\/div>
years, setting up an appropriate schedule.<\/span><\/div><\/span> <\/div><\/div> \"image", "transcribed_text": "", "related_book": { "title": "Fundamental Accounting Principles", "isbn": "1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870", "edition": "20th Edition", "authors": "John J. Wild, Ken W. Shaw, Barbara Chiappetta", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/202.jpg", "uri": "\/textbooks\/fundamental-accounting-principle-20th-edition-202", "see_more_uri": "" }, "free_related_book": { "isbn": "144930351X", "uri": "\/textbooks\/javascript-web-applications-jquery-developers-guide-to-moving-state-to-the-client-1st-edition-9781449303518", "name": "JavaScript Web Applications JQuery Developers Guide To Moving State To The Client", "edition": "1st Edition" }, "question_posted": "2024-06-08 03:09:33", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-is-a-trade-deficit-and-why-does-it-hurt", "description": "What is a trade deficit, and why does it hurt us to consistently run a deficit with another country?", "stars": 3 }, { "url": "\/study-help\/leadership-and-management\/identify-inappropriate-delegation-processes-and-the-implications-for-negatively-impacting-1920358", "description": "Identify inappropriate delegation processes and the implications for negatively impacting patient care.", "stars": 3 }, { "url": "\/study-help\/psychology\/1-understand-why-a-psychological-analysis-of-genderneutral-and-genderspecific-1982380", "description": "1. 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