Use the following information for questions.
The following information for Cooper Enterprises is given below:
There were no unexpected gains or losses at January 1, 2011.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, 2011?
Definitions:
Proxy
An authority to act on behalf of another person in voting at shareholder meetings or making other decisions.
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