Solved: Amr corporation parent company of american airlines, Accounting Basics

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Amr corporation parent company of american airlines

1. AMR Corporation (parent company of American Airlines) reported the following for 2007 (in millions).

Service cost $370
Interest on P.B.O 672
Return on plan assets 747
Amortization of prior service cost 16
Amortization of net loss 25
Compute AMR Corporation's 2007 pension expense.

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Accounting Basics: Amr corporation parent company of american airlines

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