Answer: $20500
Explanation:
Bad debt is the amount of money that a credit owes the company and is not willing to be paid hence may not be collected.
The amount that Marigold should record as "bad debt expense" for the year ended December 31, 2020 goes thus:
Bad debt allowance balance needed =
$16700
Add: Bad debt that are written off = $26800
Less: Allowance for doubtful accounts = $23000
Bad debt expense will now be:
= $16700 + $26800 - $23,000
= $43500 - $23000
= $20500
Can totally vary. Normally, it can create 1,000 dollars up to 2,000 dollars if it's a good investment.
Answer:
$(52)
Explanation:
Calculation to determine the net pension asset/liability reported in the balance sheet at the end of the year
First step is to calculate the Ending PBO using this formula
Ending PBO=(Asset Beginning balance)+(Service cost)+(Interest cost)+(Loss on PBO)+Retiree benefits
Let plug in the formula
Ending PBO = $(880) + ($78) + ($44) + ($8) + $81
Ending PBO= $(929)
Now let calculate the Net pension liability
Using this formula
Net pension liability=(Ending PBO)+Ending balance
Let plug in the formula
Net pension liability = $(929) + $877
Net pension liability= $(52)
Therefore the net pension liability reported in the balance sheet at the end of the year is $(52)
There are numerous reasons why business names should be cross referenced. Some of the reasons are the business has an unusual name, compound names, and names with abbreviations and acronyms. The business may of also changed it's name,has a popular/coined names, and there may be subsidiaries and divisions of the business.
Answer:
call option and riskless investment
Explanation:
A protective put strategy is a term often referred to as married put that describes a form of risk-management strategy, whereby an investor used options contracts to protect the shares of a stock or other asset against a loss.
A call option and riskless investment, on the other hand, is a term that describes an agreement to between buyer and seller to exchange a tradeable finance asset at a set price. It is considered to have a net pay off similar to protective put strategy.
Also, a riskless investment is a theoretical term that describes a form of investment such as savings, with a specific rate of return and less to no chance of default.
Hence, what can be used to replicate a protective put strategy is CALL OPTION and RISKLESS INVESTMENT
