Answer: $187 ⇒ Amount should ABC report as a net pension liability (asset) at Dec 31, 2018
Explanation:
Given that,
Data for 2018 as of Dec 31, 2018 are as follows:
Projected benefit obligation = $634
Accumulated benefit obligation = $418.44
Plan assets at fair value = $821
Pension expense = $192.48
Employer's cash contribution (end of year) = $361
The amount should company report as a net pension liability at Dec 31, 2018 as follows:
Net Pension Liability = Projected benefit obligation - Plan assets at fair value
= $634 - $821
= $187 ⇒ Amount should ABC report as a net pension liability (asset) at Dec 31, 2018
To raise money in order to help grow the company
The circumstance is called Conflict of Interest. It is a circumstance in which a man or association is engaged with various interests, money related or else, one of which could degenerate the inspiration or basic leadership of that individual or association.
It should be noted that the banker that would be visited to raise large amounts of capital is an investment banker.
<h3>Who is an investment banker?</h3>
It can be noted that an investment banker simply means a person that is involved in helping to raise capital for large corporations.
In this case, the banker that a software company most likely visit for help to raise large amounts of capital to acquire, or buy out another company is an investment banker.
Learn more on investment banking on:
brainly.com/question/12301548
The options provided are incorrect. The correct answer is given below.
Answer:
The company needs to borrow $5600 to maintain the desired ending balance of $10000
Explanation:
To calculate the amount that Southland will need to borrow, we must first calculate the ending cash balance for the month of August. The ending cash balance can be calculated as follows,
Ending balance = Opening balance + Receipts - Payments
Plugging in the values for beginning balance, receipts and payments for the month, we calculate the ending balance to be,
Ending balance = 18100 + 123000 - 136700
Ending balance = $4400
Difference between desired and ending balance = 10000 - 4400 = 5600
So, the company needs to borrow $5600 to maintain the desired ending balance of $10000