Solution-How does this gain and loss affect andrews income

How does this gain and loss affect andrews income statement

Reference no: EM131003196

1. Andrews Medical reported a net loss-AOCI in last year's balance sheet. This year, the company revised its estimate of future salary levels causing its PBO estimate to decline by $4 million. Also, the $8 million actual return on plan assets fell short of the $9 million expected return. How does this gain and loss affect Andrews' income statement, statement of comprehensive income, and balance sheet?

Reference no: EM131003196

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How does this gain and loss affect andrews income statement : How does this gain and loss affect Andrews' income statement, statement of comprehensive income, and balance sheet?

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How does this gain and loss affect andrews income statement

Reference no: EM131003196

Reference no: EM131003196

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