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JDS Foods' projected benefit obligation, accumulated benefit obligation, and plan assets were $50 million, $40 million, and $29 million, respectively, at the end of the

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JDS Foods' projected benefit obligation, accumulated benefit obligation, and plan assets were $50 million, $40 million, and $29 million, respectively, at the end of the year. buion, respectively, at the end What, if any, pension liability must be reported in the balance sheet? million Net pension asset Net penslon llabilty What would JDS report if the plan assets were $67 million instead? million Net pension asset Net pension liability

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