| Description |
The information below is associated with a company that offers its employees a
defined benefit plan:<br/><br/><table style="width:95%;text-align:center">
<tr><td class="left">Fair value of fund’s assets</td> <td> USD1,500,000,000</td> </tr>
<tr><td class="left">Estimated pension obligations </td> <td> USD2,600,000,000</td> </tr>
<tr><td class="left">Present value of estimated pension obligations </td> <td> USD1,200,000,000</td> </tr></table> <br>
Based on this information, the company ’s balance sheet will present a net
pension: |