Selected information of Ouyang Inc.: Financial Information 2013 ($) 2012 ($) Net income 19,282 17,263 Net periodic benefit cost 920 728 Pension information Benefit obligation Service cost 495 382 Ending balance 7,918 6,771 Plan assets Company contribution 293 277 Expected return on plan assets 2,738 2,482 Actuarial gain 182 273 Ending balance 8,231 7,827 Funded status 313 1,056 Unrecognized past service cost 109 89 Unrecognized actuarial loss (gain) 382 311 Net asset (liability) in the balance sheet 804 1,456 In 2013, the actual return on plan assets is: a) 2,738 million b) 2,920 million c) 182 million d) 804 million e) 495 million
Selected information of Ouyang Inc.: Financial Information 2013 ($) 2012 ($) Net income 19,282 17,263 Net periodic benefit cost 920 728 Pension information Benefit obligation Service cost 495 382 Ending balance 7,918 6,771 Plan assets Company contribution 293 277 Expected return on plan assets 2,738 2,482 Actuarial gain 182 273 Ending balance 8,231 7,827 Funded status 313 1,056 Unrecognized past service cost 109 89 Unrecognized actuarial loss (gain) 382 311 Net asset (liability) in the balance sheet 804 1,456 In 2013, the actual return on plan assets is: a) 2,738 million b) 2,920 million c) 182 million d) 804 million e) 495 million
Chapter10: Valuing Early-stage Ventures
Section: Chapter Questions
Problem 1aM
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Financial Accounting

Transcribed Image Text:Selected information of Ouyang Inc.:
Financial Information
2013 ($) 2012 ($)
Net income
19,282
17,263
Net periodic benefit cost
920
728
Pension information
Benefit obligation
Service cost
495
382
Ending balance
7,918
6,771
Plan assets
Company contribution
293
277
Expected return on plan assets
2,738
2,482
Actuarial gain
182
273
Ending balance
8,231
7,827
Funded status
313
1,056
Unrecognized past service cost
109
89
Unrecognized actuarial loss (gain)
382
311
Net asset (liability) in the balance sheet 804
1,456
In 2013, the actual return on plan assets is:
a) 2,738 million
b) 2,920 million
c) 182 million
d) 804 million
e) 495 million
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