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ioda
2 years ago
10

The following information relates to Schmidt Sausage Co.'s defined benefit pension plan during the current reporting year: ($ in

millions) Plan assets beginning of the year $ 400 Expected return on plan assets 40 Actual return on plan assets 32 Cash contributions 60 Amortization of net loss 8 Retiree benefits 9 Required: Determine the amount of pension plan assets at fair value on December 31.
Business
1 answer:
pav-90 [236]2 years ago
3 0

Answer:

400 dollars is expected on the year and return the asssests as 40 actual return is actually 32 but then u add a little and get 60 so then you lose 8 dollars because your mom wanted u to buy something for her then retiree from your job and get 9 dollars of benefit that you need the amount of a pension plens assest a fair in december 33

Explanation:

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3 years ago
Which of the following statements is true? A) Assets with lower levels of market risk will sell for higher prices. B) Assets wit
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Answer:

C) Assets with higher levels of market risk will sell for higher prices.

Explanation:

The Capital Asset Pricing Model (CAPM) is a term that explains the connection between systematic risk and expected return for assets, specifically on stocks.

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5 0
2 years ago
Provide a real-world organization that is an example of each level of risk tolerance. Include the company name and industry for
Oduvanchick [21]

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3 0
3 years ago
Thelma and Louie, Inc., started the year with a balance of retained earnings of $547 million and ended the year with retained ea
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Answer:

$161 million

Explanation:

Given that,

Opening Retained earnings balance = $547 million

Ending retained earnings balance = $594 million

Dividends paid to preferred stockholders = $37 million

Dividends paid to common stockholders = $77 million

Net Income:

= Change in Retained earnings + Preferred Stock Dividend + Common Stock Dividend

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= $47 million + $37 million + $77 million

= $161 million

8 0
3 years ago
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