What is the apbo on december

Assignment Help Accounting Basics
Reference no: EM133125006

Question - The EPBO for a particular employee on January 1, 2018, was $150,000. The APBO at the beginning of the year was $30,000. The appropriate discount rate for this postretirement plan is 5%. The employee is expected to serve the company for a total of 25 years, with five of those years already served as of January 1, 2018. What's the APBO on December 31, 2018?

Reference no: EM133125006

Questions Cloud

What discount rate should florida use : Assume a risk-free rate of 5% and a market risk premium of 8%. Florida's tax rate is 40%. What discount rate should Florida use
Average market share : A hypothesis test is conducted to determine whether AlwaysGreen's U.S. market share decreased this year compared to last year's average market share of 67%.
Why should businesses promote diversity : What does your workplace look like in terms of diversity and What could they do to be more diverse
Implement monetary policy : List and explain three tools of the FED to implement monetary policy for correcting contractions and over-expansions in the business cycle. just summary it
What is the apbo on december : The APBO at the beginning of the year was $30,000. The appropriate discount rate for this postretirement plan is 5%. What is the APBO on December
Describe the different types of externalities : In terms of economic impact or issues define and describe the different types of EXTERNALITIES a firm produces/faces. Externalities can be classified.
Prerogative power with the proclamation of neutrality : What specific action(s) did George Washington take that exemplified prerogative power with the Proclamation of Neutrality?
Data in the tab investment : Using the data in the tab "Investment" consider the following regression:
What was shareholders equity as of december : During 2019, half of the treasury stock was resold for $240,000; net income was $600,000; What was shareholders equity as of December

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the amount of accumulated depreciation

Determine the amount of depreciation expense that would appear on the Year 1 and Year 2 income statements. Determine the amount of accumulated depreciation

  Theory about discrete vs. continuous

Suppose the grading for a course project can only have 7 possible outcomes; 100, 90, 80, 70, 60, 50, and 0. Let the random variable X be the scores on the project. Suppose X has the following distribution:

  What is the amount per share that old shareholders will lose

The firm plans to issue an additional 1,000 shares at $90.00 per share. What is the amount per share that old shareholders will lose

  Group performance through use of established criteria

Assess individual and group performance through use of established criteria for student mastery (including rubrics) in order to plan lessons to meet pupils' requirements in every capacity of progress (cognitive, linguistic, social, emotional, and ..

  What role does corporate finance play in gl close process

What role does corporate finance play in the GL close process? Why would the accounting and FP&A team meet to review the trial balance by account code?

  Con?dence interval estimate for the population mean

Determine the 95% con?dence interval estimate for the population mean and compare it with the hypothesized mean. What does this imply about whether or not the null hypothesis H0 : μ = μ0 should be rejected at the α = 0.05 level? Determine the p-val..

  Which one of the following ratios will provide

1.which one of the following ratios will provide profitability of a firm?a. average collection periodb. inventory

  What is the maximum amount that can be deducted

G and her husband are both employed and salaries are their sole source of income. In the current year G's employment income was $99,000 and her husband's.

  Find the average rate of return

Assume a 50% tax rate and Rs 7000 for depreciation on a straight line basis. Find the Average rate of return

  Prepare the journal entries Que Corporation would make

The investment was recorded using equity method. Prepare the journal entries Que Corporation would make to record the sale

  A company using the periodic inventory system has

a company using the periodic inventory system has merchandise inventory costing 175 on hand at the beginning of the

  What the adjusting journal entry on December

On December 31, 2015, have worked 3 days into the most current pay period. What the adjusting journal entry on December 31, 2015

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!

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