What was the beginning pbo

Reference no: EM131912809

Problem

Mars Inc. has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report from the actuary. The following information was included in the report: ending PBO, $119,000; benefits paid to retirees, $11,000; interest cost, $8,300. The discount rate applied by the actuary was 10%. What was the beginning PBO?

Reference no: EM131912809

Questions Cloud

Data on self-reported health behaviors : A study is conducted in 100 children to assess riskfactors for obesity.Children are enrolled and undergo a complete physical examination.

What is the equipments after-tax net salvage value : The used equipment can be sold today for $4 million, and its tax rate is 40%. What is the equipment's after-tax net salvage value?

Estimate for the population proportion of travelers : Construct a 95?% confidence interval estimate for the population proportion of travelers who said that location was very important for choosing a hotel.

What was the standard deviation of the stocks returns : A stock had returns of 18 percent, 39 percent, and -18 percent over the past three years. What was the standard deviation of the stock's returns?

What was the beginning pbo : Mars Inc. has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report. What was the beginning PBO?

Power of the test to find a mean difference : The standard deviation of the difference was 5 mmHg. What was the power of the test to find a mean difference of 2.5 mmHg at a = 0.05 (two-sided)?

What is he initial investment outlay : The company spent and expensed 4150,000 on research related to the new product last year. would this change your answer? Explain.

What is the corporate veil : It is called lifting of corporate veil. what is the corporate veil and under what circumstance can the corporate veil be pierced

Distinction between statistical and practical significance : 1. Every user of statistics should understand the distinction between statistical significance and practical (or clinical) significance.

User Account

All Pages