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Louie company has a defined benefit pension plan. on december 31 (the end of the fiscal year), the company received the pbo report from the actuary. the following information was included in the report: ending pbo, $117,000; benefits paid to retirees, $14,500; interest cost, $7,000. the discount rate applied by the actuary was 10%. what was the service cost for the year
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Louie company has a defined benefit pension plan. on december 31 (the end of the fiscal year), the c...
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