What is the vested benefit obligation of the company


Problem

The present value of vested benefits of employees at present pay levels is $7,000,000 and at future pay levels is $8,000,000. The present value of non-vested benefits of employees at present pay levels is $14,000,000 and at future pay levels is $16,000,000. What is the vested benefit obligation of this company?

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Business Management: What is the vested benefit obligation of the company
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