The following pension information was disclosed by Worldwide Paper Inc. concerning its U.S. pension costs:
A. Briefly explain the following components of the company's pension expense for the year: service cost, interest cost, and actuarial loss.
B. Worldwide Paper reports an actual return on plan assets of $2,366 for 2016. Why is this different from the expected return of $1,506 million reported above?
C. What cash contribution did the company make to the pension plan during the year?
D. Comment on the three-year trend you observe for net pension expense. What explains the trend?

Question

The following pension information was disclosed by Worldwide Paper Inc. concerning its U.S. pension costs:
  A. Briefly explain the following components of the company's pension expense for the year: service cost, interest cost, and actuarial loss.
B. Worldwide Paper reports an actual return on plan assets of $2,366 for 2016. Why is this different from the expected return of $1,506 million reported above?
C. What cash contribution did the company make to the pension plan during the year?
D. Comment on the three-year trend you observe for net pension expense. What explains the trend?

Quizplus · Accepted Answer

The Answer of The following pension information was disclosed by Worldwide Paper Inc. concerning its U.S. pension costs:
  A. Briefly explain the following components of the company's pension expense for the year: service cost, interest cost, and actuarial loss.
B. Worldwide Paper reports an actual return on plan assets of $2,366 for 2016. Why is this different from the expected return of $1,506 million reported above?
C. What cash contribution did the company make to the pension plan during the year?
D. Comment on the three-year trend you observe for net pension expense. What explains the trend?

The Following Pension Information Was Disclosed by Worldwide Paper Inc