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Point 1: On January 1, 2018. Tom's Transport Company's accumulated post retirement benefit obligation was $32,000,000. At the end of 2018, retiree benefits paid were $3,700,000. Service cost for 2018 is $6,200,000. At the end of 2018, there was no prior service cost or net gain or loss. Assumptions regarding the trend of future health care cost were revised at the end of 2018. The revision caused the actuary to revise downward the estimate of the APBO by $520,000. The appropriate discount rate was 5%.
Question 1: Calculate the APBO as at December 31, 2018.
Financial Statement Analysis and Preparation
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This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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