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Business, 15.04.2020 19:01 neariah24

Assume that at the beginning of the current year, Hankins company has a net gain–AOCI of $60,000,000. At the same time, assume the PBO and the plan assets are $300,000,000 and $450,000,000, respectively. The average remaining service period for the employees expected to receive benefits is 10 years. What is the amount of amortization to pension expense for the year?

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Assume that at the beginning of the current year, Hankins company has a net gain–AOCI of $60,000,000...
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