At the end of 2021, Havana contributed $696 thousand to the pension fund and benefit payments of $624 thousand were made to retirees. The expected rate of return on plan assets was 10%, and the actuary's discount rate is 8%. There were no changes in actuarial estimates and assumptions regarding the PBO.
What is Havana's 2016 actual return on plan assets?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “At the end of 2021, Havana contributed $696 thousand to the pension fund and benefit payments of $624 thousand were made to retirees. The ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
When an inventor gets a patent for his work, it means the goverment will buy a specific amount of the invention
Answers (1)
Batista company management wants to maintain a minimum monthly cash balance of $20,800. at the beginning of april, the cash balance is $21,600, expected cash receipts for april are $246,000, and cash disbursements are expected to be $257,200.
Answers (1)
Which of the following is a deficiency of using a static planning budget in performance reports? A. The report compares actual revenues and costs at one level of activity with budgeted revenues and costs at the same level of activity B.
Answers (1)
Suppose that Italy and Sweden both produce rye and cheese. Italy's opportunity cost of producing a pound of cheese is 5 bushels of rye while Sweden's opportunity cost of producing a pound of cheese is 10 bushels of rye.
Answers (1)
Rapidly growing companies often buy increasing amounts of merchandise from suppliers on credit, and then sell the goods to their customers on credit.
Answers (1)
New Questions in Business
Which of the following is an important principle for effectively interacting with the audience during presentations? Multiple Choice Reframe questions to match the audience's agenda. Restrict the number of questions to a minimum.
Answers (1)
Altamonte Telecommunications has a target capital structure that consists of 45% debt and 55% equity. The company anticipates that its capital budget for the upcoming year will be $1,000,000.
Answers (1)
A loan period does not affect the total cost of a loan
Answers (2)
How does packaging contribute to product identification?
Answers (1)
Matt is considering the purchase of an investment that w ill pay him $12,500 in 12 years. If Matt wants to earn a return equal to 7 percent per year (annual compounding), what is the maximum amount he should be w illing to pay for the investment
Answers (1)