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Selected financial information of Linden Corp.: Financial Information Net income Net periodic benefit cost 2023 ($) 2022 ($) 21,500 19,780 1,050 870 Pension Information Benefit Obligation Service Cost 540 420 Ending Balance 8,450 7,310 Plan Assets Company Contribution 310 295 Expected Return on Plan Assets 2,880 2,590 Actuarial Gain 200 290 Ending Balance 8,730 8,150 Funded Status 280 840 Unrecognized Past Service Cost 120 100 Unrecognized Actuarial Loss (Gain) 400 350 Net Asset (Liability) in the Balance Sheet 820 In 2023, the actual return on plan assets is: 1,510

Selected financial information of Linden Corp.: Financial Information Net income Net periodic benefit cost 2023 ($) 2022 ($) 21,500 19,780 1,050 870 Pension Information Benefit Obligation Service Cost 540 420 Ending Balance 8,450 7,310 Plan Assets Company Contribution 310 295 Expected Return on Plan Assets 2,880 2,590 Actuarial Gain 200 290 Ending Balance 8,730 8,150 Funded Status 280 840 Unrecognized Past Service Cost 120 100 Unrecognized Actuarial Loss (Gain) 400 350 Net Asset (Liability) in the Balance Sheet 820 In 2023, the actual return on plan assets is: 1,510

Entrepreneurial Finance
Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter10: Valuing Early-stage Ventures
Section: Chapter Questions
Problem 1aM
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Selected financial information of Linden Corp.: Financial Information Net income Net periodic benefit cost 2023 ($) 2022 ($) 21,500 19,780 1,050 870 Pension Information Benefit Obligation Service Cost 540 420 Ending Balance 8,450 7,310 Plan Assets Company Contribution 310 295 Expected Return on Plan Assets 2,880 2,590 Actuarial Gain 200 290 Ending Balance 8,730 8,150 Funded Status 280 840 Unrecognized Past Service Cost 120 100 Unrecognized Actuarial Loss (Gain) 400 350 Net Asset (Liability) in the Balance Sheet 820 In 2023, the actual return on plan assets is: 1,510
Transcribed Image Text:Selected financial information of Linden Corp.: Financial Information Net income Net periodic benefit cost 2023 ($) 2022 ($) 21,500 19,780 1,050 870 Pension Information Benefit Obligation Service Cost 540 420 Ending Balance 8,450 7,310 Plan Assets Company Contribution 310 295 Expected Return on Plan Assets 2,880 2,590 Actuarial Gain 200 290 Ending Balance 8,730 8,150 Funded Status 280 840 Unrecognized Past Service Cost 120 100 Unrecognized Actuarial Loss (Gain) 400 350 Net Asset (Liability) in the Balance Sheet 820 In 2023, the actual return on plan assets is: 1,510
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