Defined pension plan, Data are available for Joey CO's

Defined pension plan

Assignment Help Financial Accounting

Reference no: EM13924346

The Following Data are available for Joey CO's defined pension plan

		($ in Thousands)

Service Cost		$116
Projected Benefit Obligation, January 1, 2015		850
Plan Assets [Fair value], January 1, 2015		900
Prior Service Cost-OCI [2015 amortization, $8]		80
Net Loss-OCI [2015 amortization, $1]		101
Discount Rate		6%
Expected Return on Plan Assets		10%
Actual Return on Plan Assets		11%

Reference no: EM13924346

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