The answer I am calculating is 100. but it is showing it as the wrong...
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The answer I am calculating is but it is showing it as the wrong answer. I am not sure what I am doing wrong. Pension data for Sterling Properties include the following: $ in thousands Service cost, $ Projected benefit obligation, January Plan assets fair value January Prior service costAOCI amortization, $ Net lossAOCI amortization, $ Interest rate, Expected return on plan assets, Actual return on plan assets, Required: Assume Sterling Properties prepares its financial statements according to International Financial Reporting Standards IFRS The interest rate on highgrade corporate bonds is Determine the net pension cost.
The answer I am calculating is but it is showing it as the wrong answer. I am not sure what I am doing wrong. Pension data for Sterling Properties include the following:
$ in thousands
Service cost, $
Projected benefit obligation, January
Plan assets fair value January
Prior service costAOCI amortization, $
Net lossAOCI amortization, $
Interest rate,
Expected return on plan assets,
Actual return on plan assets,
Required:
Assume Sterling Properties prepares its financial statements according to International Financial Reporting Standards IFRS The interest rate on highgrade corporate bonds is Determine the net pension cost.
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