So here is my question and yes part of the question was cut off. This is all I h
ID: 2443320 • Letter: S
Question
So here is my question and yes part of the question was cut off. This is all I have to work with. I have NO IDEA what they want for an answer so maybe someone else can help me figure out what they want?!?!?Smith Inc. has a pension plan with the following information:
Service cost 30,000
Interest cost 18,000
Actual return on plan assets 15,000
Beginning of year plan assets 200,000
Settlement rate 8%
Expected return on plan assets 8%
a) $30,000.
b) $32,000.
c) $33,000.
d) $48,000.
1O. In Germany the primary providers of capital are several large banks and:
a) private investors.
b) public investors.
c) the government.
d) the Chancellor.
Explanation / Answer
As per given information Returns: Actual Return on Plan asset = 15000 Less Expences: Service cost = 30000 Interest cost = 18000 Total cost = 48000 Net loss = 33000 Net loss = 33000 10) a) private investors.Related Questions
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