Abc companys pension expense for 2010 is expected return on, Ask an Expert

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ABC Company's pension expense for 2010 is:

Service cost $30,000
Interest cost $18,000
Actual return on plan assets $15,000
Beginning of year plan assets $200,000
Settlement rate 8%
Expected return on plan assets 8%

a. $30,000

b. $32,000

c. $33,000

d. $48,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M978243

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