Question
Coronado Corporation had a projected benefit obligation of $1,270,000 and plan assets of $1,191,000 at January 1, 2017. Coronado also had a net actuarial gain
Coronado Corporation had a projected benefit obligation of $1,270,000 and plan assets of $1,191,000 at January 1, 2017. Coronado also had a net actuarial gain of $216,700 in accumulated OCI at January 1, 2017. The average remaining service period of Coronado employees is 6.9 years. Compute Coronados minimum amortization of the actuarial loss.
Minimum Amortization:
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Preliminary Audit Results Montanas State Employee Compensation 1990
Authors: Waters Consulting Group, Montana. State Employee Compensation Committee
1st Edition
1378152700, 978-1378152706
