Montoya Industries recorded the following information for their defined benefit pension plan for 2016: If Montoya has

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Montoya Industries recorded the following information for their defined benefit pension plan for 2016:

If Montoya has a service cost of $700,000, amortization of prior service cost of $150,000, a settlement rate of 10%, and an expected rate of return of 8% for 2016, what should they record as their pension expense for 2016?

Posted Date: Jun 01, 2024 07:08 AM

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Montoya Industries recorded the following information for their defined benefit pension plan for 2016: If Montoya has

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