morbidodyssey
morbidodyssey
07.04.2020 • 
Business

At the end of 2021, Havana contributed $736 thousand to the pension fund and benefit payments of $644 thousand were made to retirees. The expected rate of return on plan assets was 10%, and the actuary's discount rate is 7%. There were no changes in actuarial estimates and assumptions regarding the PBO. What is Havana’s 2021 gain or loss on plan assets?

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