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Question: The financial statements of Marks and Spencer plc (M&S) are available at the book's companion website or can be accessed.

Instructions: Refer to M&S's financial statements and the accompanying notes to answer the following questions.

(a) What kind of pension plan does M&S provide its employees?

(b) What was M&S's pension expense for 2012 and 2011?

(c) What is the impact of M&S's pension plans for 2012 on its financial statements?

(d) What information does M&S provide on the target allocation of its pension assets? How do the allocations relate to the expected returns on these assets?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92402279
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