Use the following information for questions 4 ronks Co. had pension plan assets and PBO...
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Use the following information for questions 4 ronks Co. had pension plan assets and PBO of $150,000 on 1/1/11. Service cost for the year was $40, during the year and paid benefits of $20,000 Its expected rate of return was 10% while its actual rate w Pension expense for the year is a. $37,000 b. $40,000 c. $43,000 d. $30,000 What is the PBO balance on 12/31/11 a. $195,000 b. $192,000 c. $175,000 d. $185,000 Benefits paid to retired employees increases a. b C. d. e. pension expense the plan assets PBO OCI None of the above Use the following information for questions 4 ronks Co. had pension plan assets and PBO of $150,000 on 1/1/11. Service cost for the year was $40, during the year and paid benefits of $20,000 Its expected rate of return was 10% while its actual rate w Pension expense for the year is a. $37,000 b. $40,000 c. $43,000 d. $30,000 What is the PBO balance on 12/31/11 a. $195,000 b. $192,000 c. $175,000 d. $185,000 Benefits paid to retired employees increases a. b C. d. e. pension expense the plan assets PBO OCI None of the above
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