Derrielle19981 Derrielle19981
  • 11-03-2024
  • Business
contestada

What is the pension expense for the following plan: "The plan requires the company to contribute $500 for each of its 1,000 employees. The plan hopes to accumulate enough funds so that each retiree receives $20,000 in the future; the company has no obligation to guarantee the investment returns. "
A) $500,000
B) $20,000
C) $500
D) $20,000,000

Respuesta :

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