13-)The 2011 values for a pension fund are provided in the table below, in millions of dollars....
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13-)The 2011 values for a pension fund are provided in the table below, in millions of dollars.
| Pension Assets | |
| Beginning value on 1 January Change in value in 2011 | $90.11 10.30% |
| Pension Liabilities Beginning value on 1 January Change in value in 2011 | $27.23 60% |
Calculate the surplus return for this fund
Expert Answer:
To calculate the surplus return for the pension fund we need to compare the ... View the full answer
Related Book For 
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
Posted Date:
