Question: Brief Exercise 17-7 (Algo) Changes in pension plan assets (LO17-4) Pension plan assets were $400 million at the beginning of the year and $428 million
Brief Exercise 17-7 (Algo) Changes in pension plan assets (LO17-4) Pension plan assets were $400 million at the beginning of the year and $428 million at the end of the year. At the end of the year, retiree benefits paid by the trustee were $12 million and cash invested in the pension fund was $16 million What was the percentage rate of return on plan assets? Rate om ons
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