DarienHacker

1. the $1,050 Net periodic benefit Cost is not paid to employees. it is added to the company’s liabilities, but it’s not yet paid (that’s why we also need to record interest cost). “non-cash charge” means you didn’t pay, but your obligation increases. so it will not appear in CFS but only B/S.
2. the excess which should be adjusted from CFO to CFF is employer comtribution minus economic pension expense…hope I don’t memorized it wrong…
NI and CFO - the relationship is explained in Lv1 curriculum as CPK123 stated. In fact we just use 2 Balance sheets and 1 Income statement to calc a cash flow statement.