Answer:
$584,000
Explanation:
Calculation for the amount of pension liability that should be reported
Projected benefit obligation $2,561,000
Less Plan assets at fair value 1,977,000
Pension liability $584,000
Therefore the Pension liability balance at December 31, 2017 will be $584,000
A marketing development strategy is important because it helps a business grow and reach new customers in a planned, structured way. Expanding your audience creates the potential for more leads, more sales, and more revenue, but in-depth research is essential to make sure there's value in targeting new customers.
Answer:
a. Other Comprehensive income for 2020 = Unrealized holding loss = -$10.9 million
b. Comprehensive income for 2020 = Net income - Unrealized holding loss = $1,245.7 million -$10.9 million = $1,234.8 million
c. Accumulated other comprehensive income at December 31, 2020 = Accumulated other comprehensive income - Other Comprehensive income for 2020 = $57.2 million - $10.9 million = $46.3 million
The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
<h3>What is meant by ethical trap?</h3>
This is the term that has to do with the circumstances that may lead an individual to do away with the core values and the principles that they have. The trap here is that I may lose my job or may not have any bonus but accepting is going against the ethics and the values that I may hold special.
What should have been in this situation would have been to come clean in the first place so as to avoid going against ethics and the principles of the profession. The best way to do this would be to go to the head of division and explain the situation at hand to him.
Hence we can say that The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
Read more on ethics here:
brainly.com/question/13969108
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