3 years ago

Carla Vista Corporation received the following report from its actuary at the end of the year:

Business

1 answer:

Zinaida [17]3 years ago

5 0

Answer:

$1,245,000

Explanation:

The computation of the amount reported as the pension liability is shown below:

= Ending balance of Projected benefit obligation - Fair value of pension plan assets

= $3,760,000 - $2,515,000

= $1,245,000

We simply deduct the fair value from the ending balance of projected benefit obligation that the amount reported could be come

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Following is attached the solution or the question given.

I hope it will help you a lot!

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Answer:

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