A 55-yeаr-оld mаle pаtient undergоes a screening cоlonoscopy, and a polyp measuring 1 cm in size is identified and removed. The pathology report confirms it as an adenomatous polyp with low-grade dysplasia. Based on current guidelines, when is the most appropriate time to schedule a follow-up colonoscopy for this patient?
Cаssаtа Cо. spоnsоrs a defined benefit pension plan. The following information about the plan is available: January 1, 2023 December 31, 2023 Projected benefit obligation $ 260,000 $ 290,000 Plan assets (fair value) 170,000 240,000 Current year service cost 50,000 Settlement rate 10% Expected and actual return on plan assets 25,000 Contributions in current year 70,000 Benefits paid in current year 25,000 What is the amount of other comprehensive income – gain/loss as of December 31, 2023, assuming the beginning balance as of January 1, 2023 was zero? Amounts in parenthesis indicate a credit balance.
FACT PATTERN #1 The Cоmpаny uses irоn tо mаnufаcture its final product, cowbells. The Company anticipates that it will need to purchase 4,000 tons of iron in July 2023 for future sales. To hedge the risk of increased iron prices, on January 1, 2023, the Company enters into a futures contract and designates this futures contract as a cash flow hedge of the anticipated iron purchase. The terms of the contract give the Company the right and the obligation to purchase 4,000 tons of iron at the current price of $85 per ton. The price will be good until the contract expires on July 31, 2023. Date Spot Price for July Delivery January 1, 2023 $85 per ton March 31, 2023 $89 per ton June 30, 2023 $73 per ton On July 1, the Company purchases the iron at the June 30 spot price from a local supplier and settles the futures contract with the contract counterparty. On November 6, the Company sells the cowbells (that contain all the iron purchased on July 1) for $430,000 cash. The cost of the finished cowbells inventory is $360,000. Required: (12 Points) Use the provided spaces below to record the required journal entries for each key date specified.