Question: Pension data for David Emerson Enterprises include the following: Discount rate, 1 0 % ( $ in millions ) Projected benefit obligation, January 1 Projected
Pension data for David Emerson Enterprises include the following:
Discount rate,
$ in millions
Projected benefit obligation, January
Projected benefit obligation, December
Accumulated benefit obligation, January
Accumulated benefit obligation, December
Cash contributions to pension fund, December
Benefit payments to retirees, December
Required:
Assuming no change in actuarial assumptions and estimates, determine the service cost component of pension expense for the year ended December
Note: Enter your answer in millions ie should be entered as
Service cost
million
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