Question: E 1 7 - 7 Changes in plan assets; determine cash contributions L 0 1 7 - 4 Pension data for Fahy Transportation Inc. include
E Changes in plan assets; determine cash contributions L
Pension data for Fahy Transportation Inc. include the following:
$ in millions
Discount rate,
Expected return on plan assets,
Actual return on plan assets,
Projected benefit obligation, January
Plan assets fair value January
Plan assets fair value December
Benefit payments to retirees, December
Required:
Assuming cash contributions were made at the end of the year, what was the amount of those contributions?
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