Nevada, Inc. reported the following items in the 2017 pension footnote (in millions). Service cost $937 Benefits paid to retirees 149 Interest cost 744 Actual returns on invested assets 963 Expected returns on invested assets 1,086 Actuarial loss 40 The increase in the company’s pension obligation during the year is: Select one: a. $1,492 million b. $486 million c. $1,532 million d. $1,572 million e. $609 million
Nevada, Inc. reported the following items in the 2017 pension footnote (in millions). Service cost $937 Benefits paid to retirees 149 Interest cost 744 Actual returns on invested assets 963 Expected returns on invested assets 1,086 Actuarial loss 40 The increase in the company’s pension obligation during the year is: Select one: a. $1,492 million b. $486 million c. $1,532 million d. $1,572 million e. $609 million
Question
Nevada, Inc. reported the following items in the 2017 pension footnote (in millions).
| Service cost | $937 |
| Benefits paid to retirees | 149 |
| Interest cost | 744 |
| Actual |
963 |
| Expected returns on invested assets | 1,086 |
| Actuarial loss | 40 |
The increase in the company’s pension obligation during the year is:
Select one:
a. $1,492 million
b. $486 million
c. $1,532 million
d. $1,572 million
e. $609 million
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