Reference no: EM131809327
Question - Computation of Actual Return
Gingrich Importers provides the following pension plan information.
Fair value of pension plan assets, January 1, 2012 $2,400,000
Fair value of pension plan assets, December 31, 2012 2,725,000
Contributions to the plan in 2012 280,000
Benefits paid retirees in 2012 350,000
Instructions - From the data above, compute the actual return on the plan assets for 2012.
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