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Pension plan assets were 260 million at the beginning of

Question - Pension plan assets were $260 million at the beginning of the year. The return on plan assets was 5%. At the end of the year, retiree benefits paid by the trustee were $11 million and cash invested in the pension fund was $15 million.

What was the amount of the pension plan assets at year-end?

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Accounting Basics: Pension plan assets were 260 million at the beginning of

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