 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
return on plant assets
Chester company has a defined benefit plan. THE FAIR VALUE OF PLAN ASSETS ON JAN. 1,2002, WAS $1,500,000. No unrecognized net loss or gain existed. On dec,31, 2002 the fair value of the plan assets was $1,860,000. Benefits paid to retirees equaled $300,000. Company contributions to the plan totaled $360,000. The settlement rate was 8%, and the expected long-term rate on plan assets was 10%. The actual return on plan assets was...
a. $150,000 b. $180,000 c. $224,000 d. $300,000 |
||||
Not your question?
Ask your question
View similar questions
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
Return on Assets & Return on Equity
[ 1 Answers ]
Question... Lily Cosmetics has annual sales of $500,000,000. They maintain a net after tax profit margin of 5% and they have a sales-to-assets ratio of 4. A) What is the Return on assets? B) If the debt/equity ratio is 0.5, what is the Return on Equity?
Determining Cost of Plant Assets
[ 2 Answers ]
Please don't think I don't know this stuff because up to this point I have done very well. My teacher sucks at explaining this stuff and it is hard for me to self-teach myself stuff that is completely foreign to me. The examples in the book are good, but then when I try to relate it back to the...
View more questions Search
|
