In a recent years financial statements, Procter & Gamble showed an unfunded pension liability of $4,391 million
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In a recent year’s financial statements, Procter & Gamble showed an unfunded pension liability of $4,391 million and a periodic pension cost of $208 million. Explain the meaning of the $4,391 million unfunded pension liability and the $208 million periodic pension cost.
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Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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