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Duval Corp reported the following items in the 2010 pension footnote (in millions). Service cost $405 Benefits paid to retirees 110 Interest cost 390 Actual
Duval Corp reported the following items in the 2010 pension footnote (in millions).
Service cost | $405 |
Benefits paid to retirees | 110 |
Interest cost | 390 |
Actual returns on pension plan assets | 570 |
Expected returns on pension plan assets | 600 |
Actuarial gain | 31 |
How much is the increase in the company's pension obligation during the year?
5 options:
$654 | |
$716 | |
$226 | |
$ 54 | |
$624 |
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