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I have the tittles right but the amounts wrong. Not sure where I went wrong CH 17 - Homework Pensions i Savcd Help Save &
I have the tittles right but the amounts wrong. Not sure where I went wrong
CH 17 - Homework Pensions i Savcd Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 5 The following data relate to Ramesh Company's defined benefit pension plan: 2.85 paints ($ in millions) $790 79 21an assets at fair value, January 1 Expected return on plan assets Actual return an plan assets Contributions to the pension Lund (and of year) Amortization of net laaa Pension benefits paid (end of year) Pension expertise 138 16 24 110 Required: Determine the amount of pension plan assets at fair value on December 31. (Enter your answers in millions. Amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. Pension Plan Assets Beginning of the year Actual return Cash contributions Retiree benefits 790,000,000 63,000,000 138,000,000 124,000,000) End of the year 967,000,000
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