Survey Of Accounting
Survey Of Accounting
5th Edition
ISBN: 9781259631122
Author: Edmonds, Thomas P.
Publisher: Mcgraw-hill Education,
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Chapter 16, Problem 1ATC

a.

To determine

Ascertain the gross pension liability of the state pension plan at 8% rate of return.

b.

To determine

Ascertain the gross pension liability of the state pension plan at 6% rate of return.

c.

To determine

Explain the reason why states may wish to assume a higher rate of return on their pension plan’s investment than actuaries might recommend.

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Chapter 16 Solutions

Survey Of Accounting

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