What is the current service cost for 2019? * FOR ITEM# 5 Crocs Company sponsors a noncontributory defined benefit plan. On Dec 31, 2019, the end of the entity's accounting period, the entity received...


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What is the current service cost for 2019? *<br>FOR ITEM# 5<br>Crocs Company sponsors a noncontributory defined benefit plan. On Dec 31, 2019,<br>the end of the entity's accounting period, the entity received the projected benefit<br>obligation report from the independent actuary. The following data were included:<br>Pension benefits paid<br>135,000.00<br>Balance, PBO, at Dec 31, 2019<br>2,160,000.00<br>Interest Cost<br>120,000.00<br>Discount rate<br>8%<br>O a. 675,000<br>O b. 810,000<br>O c. 540,000<br>O d. 0<br>

Extracted text: What is the current service cost for 2019? * FOR ITEM# 5 Crocs Company sponsors a noncontributory defined benefit plan. On Dec 31, 2019, the end of the entity's accounting period, the entity received the projected benefit obligation report from the independent actuary. The following data were included: Pension benefits paid 135,000.00 Balance, PBO, at Dec 31, 2019 2,160,000.00 Interest Cost 120,000.00 Discount rate 8% O a. 675,000 O b. 810,000 O c. 540,000 O d. 0

Jun 11, 2022
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