The following data are available for joey cos defined, Ask an Expert

Accounting

The Following Data are available for Joey CO's defined pension plan

		($ in Thousands)

Service Cost		$116
Projected Benefit Obligation, January 1, 2015		850
Plan Assets [Fair value], January 1, 2015		900
Prior Service Cost-OCI [2015 amortization, $8]		80
Net Loss-OCI [2015 amortization, $1]		101
Discount Rate		6%
Expected Return on Plan Assets		10%
Actual Return on Plan Assets		11%

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91597232

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