Question: E 17-7 Changes in plan assets; determine cash contributions Pension data for Fahy Transportation Inc. include the following: Discount rate, 7% Expected return on plan
E 17-7 Changes in plan assets; determine cash contributions Pension data for Fahy Transportation Inc. include the following: Discount rate, 7% Expected return on plan assets, 10% Actual return on plan assets, 11% Projected benefit obligation, January 1 Plan assets (fair value), January 1 Plan assets (fair value), December 31 Benefit payments to retirees, December 31 Required: ($ in millions) $730 700 750 66 Assuming cash contributions were made at the end of the year, what was the amount of those contributions
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