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Selected information of Ouyang Inc.: Financial Information Net income Net periodic benefit cost Pension Information Benefit Obligation 2023 ($) 2022 ($) 25,312 22,478 1,050 875 Service Cost 615 500 Ending Balance 9,450 8,225 Plan Assets Company Contribution 350 325 Expected Return on Plan Assets 3,150 2,800 Actuarial Gain 225 310 Ending Balance 9,850 9,125 Funded Status 400 900 Unrecognized Past Service Cost 150 125 Unrecognized Actuarial Loss (Gain) 480 390 Net Asset (Liability) in the Balance Sheet 1,050 Find the actual return on plan assets for 2023. 1,700

Selected information of Ouyang Inc.: Financial Information Net income Net periodic benefit cost Pension Information Benefit Obligation 2023 ($) 2022 ($) 25,312 22,478 1,050 875 Service Cost 615 500 Ending Balance 9,450 8,225 Plan Assets Company Contribution 350 325 Expected Return on Plan Assets 3,150 2,800 Actuarial Gain 225 310 Ending Balance 9,850 9,125 Funded Status 400 900 Unrecognized Past Service Cost 150 125 Unrecognized Actuarial Loss (Gain) 480 390 Net Asset (Liability) in the Balance Sheet 1,050 Find the actual return on plan assets for 2023. 1,700

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Entrepreneurial Finance
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ISBN:9781337635653
Author:Leach
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Selected information of Ouyang Inc.: Financial Information Net income Net periodic benefit cost Pension Information Benefit Obligation 2023 ($) 2022 ($) 25,312 22,478 1,050 875 Service Cost 615 500 Ending Balance 9,450 8,225 Plan Assets Company Contribution 350 325 Expected Return on Plan Assets 3,150 2,800 Actuarial Gain 225 310 Ending Balance 9,850 9,125 Funded Status 400 900 Unrecognized Past Service Cost 150 125 Unrecognized Actuarial Loss (Gain) 480 390 Net Asset (Liability) in the Balance Sheet 1,050 Find the actual return on plan assets for 2023. 1,700
Transcribed Image Text:Selected information of Ouyang Inc.: Financial Information Net income Net periodic benefit cost Pension Information Benefit Obligation 2023 ($) 2022 ($) 25,312 22,478 1,050 875 Service Cost 615 500 Ending Balance 9,450 8,225 Plan Assets Company Contribution 350 325 Expected Return on Plan Assets 3,150 2,800 Actuarial Gain 225 310 Ending Balance 9,850 9,125 Funded Status 400 900 Unrecognized Past Service Cost 150 125 Unrecognized Actuarial Loss (Gain) 480 390 Net Asset (Liability) in the Balance Sheet 1,050 Find the actual return on plan assets for 2023. 1,700
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