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标题: CFAI Reading 20 problem #9 [打印本页]

作者: dontknow1987    时间: 2013-5-8 00:22     标题: CFAI Reading 20 problem #9

dumb question…
In the solutions for Reading 20 Problem #9.
I have no clue how to get the $3,000 and the $3,020…
what page of the book is it on?
thanks,
作者: hariRaj    时间: 2013-5-8 00:26

Those two numbers are the funded status of the pension.
The funded status of the pension= Present value of the defined benefit obligation - Value of the Assets
= 47120-38700=3020
=4200-3900=3000
* Since the obligation about is higher than the assets, it is recorded as a liability on the B/S
作者: cityboy    时间: 2013-5-8 00:29

thanks so much not sure why I couldn’t figure that out … smh at myself
作者: invic    时间: 2013-5-8 00:33

Long day of studying probably
作者: ramdabom    时间: 2013-5-8 00:37

Analyst_24 wrote:
Long day of studying probably
More like jerking off. So much porn… I can’t fathom the OP’s dilemma. Choosing between CFA interest rate swaps and porn is obvious.




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