Use the following information for questions
The following information for Cooper Enterprises is given below:
There was no accumulated OCI at January 1, 2016.The average remaining service life of employees is 10 years.
-What is the amount that Cooper Enterprises should report as its pension liability on its statement of financial position as of December 31, 2016?
A) $100,000
B) $15,000
C) $105,000
D) $200,000
Correct Answer:
Verified
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