User Account

All Pages

How much is the return on plan assets

Assignment Help Accounting Basics
Reference no: EM133100218

Question - DONOTCOPY Co.s' plan assets is shown below:

Fair value of plan assets, Jan. 1 2,000,000

Interest income (actual) 400,000

Unrealized gains from fair value changes (actual) 200,000

Costs of managing plan assets 40,000

Tax on gross returns 10%

Discount rate 12%

Required -

a. How much is the return on plan assets?

b. How much is the ending balance of the fair value of plan assets?

c. How much is recognized in profit or loss and how much is recognized other comprehensive income?

Reference no: EM133100218

Questions Cloud

Journalized the transaction related to Building A : WNO Food Bhd purchased 2 industrial buildings in Pending area on 1 January 2015. Journalized the transaction related to Building A for the year ended 2020
Can you value diversity without de-valuing individuality : Can you value diversity without de-valuing individuality? Explain your answer.
Benefits of joining selected health care association : Write a proposal to your employer outlining the benefits of joining the selected health care association and the benefits of attending a meeting, convention.
What is diversity : 1. What is diversity 2. How can relevant diversity issues be identified in different contexts?
How much is the return on plan assets : Unrealized gains from fair value changes (actual) 200,000. How much is the return on plan assets
Appropriate designation to the stakeholder : Ensuring appropriate communication in teams is essential. The dynamics of a global economy has increased the complexity of both team operations and project succ
What is minimum price that Rex shareholders accept : What is the minimum price that Rex shareholders are likely to accept in exchange for the assets and liabilities of the company
Describe the types of facilities and amenities : Research a country cluba city club located anywhere within Florida. Describe the types of facilities and amenities offered by this country club.
Describe the global business environment : What benefits might a company obtain from the globalization of markets? What global organizations have helped expand globalization?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd