Explore BrainMass

Explore BrainMass

    Actual return on plan assets

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    The following information pertains to Maple Co's defined benefit pension plan for 2004:

    Fair value of plan assets, beginning of year $350,000
    Fair value of plan assets, end of year 525,000
    Employer contributions 110,000
    Benefits paid 85,000

    What amount should Maple disclose as actual return on plan assets?

    a. $ 65,000
    b. $ 150,000
    c. $ 175,000
    d. $ 260,000

    Remember to show calculations!

    © BrainMass Inc. brainmass.com June 3, 2020, 11:04 pm ad1c9bdddf

    Solution Summary

    The solution explains how to calculate the actual return on plan assets.