Assume that Cathay Pacific Airlines (HKG) reported the following in a recent annual report (in millions). Service

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Assume that Cathay Pacific Airlines (HKG) reported the following in a recent annual report (in millions).

Service cost ........................................................... HK$316
Interest on defined benefit obligation ..................... 342
Interest revenue on plan assets .................................. 371


Compute Cathay Pacific’s pension expense.

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Intermediate Accounting IFRS

ISBN: 9781119607519

4th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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