Business, 13.12.2019 17:31, itaheart101

Acompany's defined benefit pension plan had a pension benefit obligation (pbo) of $265,000 on 1/1/2018. during 2018, pension benefits paid were $40,000. the discount rate for the plan for this year was 10%. service cost for 2018 was $80,000. plan assets (fair value) increased during the year by $45,000. the amount of pbo at december 31, 2018 was what?

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Acompany's defined benefit pension plan had a pension benefit obligation (pbo) of $265,000 on 1/1/20...