Interest cost included in pension expense recognized for a period by an employer sponsoring a defined-benefit pension plan represents the Group of answer choices amortization of the discount on accumulated OCI (PSC). increase in the projected benefit obligation due to the passage of time. increase in the fair value of plan assets due to the passage of time. shortage between the expected and actual returns on plan assets.

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%