4+ 4 CUC

If the present worth of a company is 640$ with interest rate of 7% for 5 years, the EUAC of the company is. Select one: O a. 165$ b. 150$ O c. 156$

Subject: acounting

Bhil

Concord Corporation amended its pension plan on January 1, 2020, and granted $162,540of prior service costs to its employees. The employees are expected to provide1,890service years in the future, with360service years in 2020. Compute prior service cost amortization for 2020. Prior service cost amortization for 2020 $

Sunland Corporation had a projected benefit obligation of $3,323,000 and plan assets of $3,561,000 at January 1, 2025. Sunland also had a net actuarial loss of $525,700 in accumulated OCI at January 1, 2025. The average remaining service period of Sunland's employees is 8.0 years. Compute Sunland's minimum amortization of the actuarial loss. Minimum amortization of the actuarial loss $ eTextbook and Media

Sunland Corporation had a projected benefit obligation of $3,323,000 and plan assets of $3,561,000 at January 1, 2025. Sunland also had a net actuarial loss of $525,700 in accumulated OCI at January 1, 2025. The average remaining service period of Sunland's employees is 8.0 years. Compute Sunland's minimum amortization of the actuarial loss. Minimum amortization of the actuarial loss $

2.) Shin Corporation had a projected benefit obligation of $4,300,000 and planassets of $4,100,000 at January 1, 2020. Shin also had a net actuarial loss of$565.000 in accumulated OCI-G/L at January 1, 2020. The averageremaining service period of Shin's employees is 5 years. Compute Shin'sminimum amortization of the actuarial loss for 2020, if any, using thestraight-line method.

The actuary for the pension plan of Carla Vista Company calculated the following net gains and losses: Incurred during the Year (Gain) or Loss 2025 $(634,000) 2026 250,000 2027 1,020,000 2028 393,000 Other information about the company's pension obligation and plan assets is as follows: Projected Benefit As of January 1 Obligation Plan Assets (market-related asset value) 2025 $3,957,000 $3,563,000 2026 4,608,000 3,543,000 2027 4,690,000 3,729,000 2028 5,257,000 4,386,000 Carla Vista Company has a stable labor force of 250 employees who are expected to receive benefits under the plan. The total service- years for all participating employees are 2,750. The beginning balance of Accumulated OCI (G/L) is zero on January 1, 2025. The market-related value and the fair value of plan assets are the same for the 4-year period. Use the average remaining service life per employee as the basis for amortization. Compute the minimum amount of Accumulated OCI (G/L) amortized as a component of net…

es Harrison Forklift's pension expense includes a service cost of $10 million. Harrison began the year with a pension liability of $28 million (underfunded pension plan). ($ in millions) 1. Interest cost, $6; expected return on assets, $4; amortization of net loss, $2. 2. Interest cost, $6; expected return on assets, $4; amortization of net gain, $2. 3. Interest cost, $6; expected return on assets, $4; amortization of net loss, $2; amortization of prior service cost, $3. Required: Prepare the appropriate general journal entries to record Harrison's pension expense in each of the following independent situations regarding the other (non-service cost) components of pension expense. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).