Question: Computation of Actual Return Gingrich Importers provides the

(Computation of Actual Return) Gingrich Importers provides the following pension plan information.
Fair value of pension plan assets, January 1, 2010 $2,400,000
Fair value of pension plan assets, December 31, 2010 2,725,000
Contributions to the plan in 2010 280,000
Benefits paid retirees in 2010 350,000
From the data above, compute the actual return on the plan assets for 2010.

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  • CreatedDecember 23, 2010
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