Service cost component of pension expense, Accounting Basics

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Service cost component of pension expense

The service cost component of pension expense for 2011 is 840,000 and the amortization of prior service cost due to an increase in benefits is 180,000. The settlement rate is 10% and the expected rate of return is 8%. What is the amount of pension expense for 2011?

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Accounting Basics: Service cost component of pension expense

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Accounting Basics: Service cost component of pension expense

Reference No:- TGS0705622

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How many units would actually be in the warehouse

Q : Prepare real statistical research statement

Q : How much bread should the bakery produce in a single day

Q : What are some of the challenges facing

Q : Service cost component of pension expense

Q : What annual net cash inflow must store generate for linda

Q : Shares of its own common stock

Q : Compute profit margin and turnover

Q : Determine the delivery cycle time

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Service cost component of pension expense

Reference No:- TGS0705622

Recent Questions Asked Accounting Basics

Q : How many units would actually be in the warehouse

Q : Prepare real statistical research statement

Q : How much bread should the bakery produce in a single day

Q : What are some of the challenges facing

Q : Service cost component of pension expense

Q : What annual net cash inflow must store generate for linda

Q : Shares of its own common stock

Q : Compute profit margin and turnover

Q : Determine the delivery cycle time

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