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MMLU / Dari Inc. guaranteed the debt of a related party. In December Dari learned that…

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question

Dari Inc. guaranteed the debt of a related party. In December Dari learned that it is probable it will be required to pay between 150000and150000 and 200000 within the next six months in satisfaction of its guarantee but no amount within that range is more likely. What amount of contingent liability should Dari accrue in its December 31 balance sheet?
Plain-text mathematical notation (without MathML)
Dari Inc. guaranteed the debt of a related party. In December Dari learned that it is probable it will be required to pay between 150000and200000 within the next six months in satisfaction of its guarantee but no amount within that range is more likely. What amount of contingent liability should Dari accrue in its December 31 balance sheet?
Original LaTeX notation
Dari Inc. guaranteed the debt of a related party. In December Dari learned that it is probable it will be required to pay between $150000 and $200000 within the next six months in satisfaction of its guarantee but no amount within that range is more likely. What amount of contingent liability should Dari accrue in its December 31 balance sheet?

choices

  1. $200,000
  2. $175,000
  3. $150,000
  4. 0

subject

professional_accounting

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Source and history

task_id
1e281966-b3cb-557a-8864-fc6e71bbb439
task_key
all--test--1e281966-b3cb-557a-8864-fc6e71bbb439
task_revision_id
1
config / split
all / test

Official source

initial import