"and another profit report without the appropriate reserves for bad and doubtful debts"
.....................................................
Bodo,
"Maybe" BEN does not consider the Gt Southern debt as bad or doubtful because it is covered by insurance.
( I don't know this so I'm not implying that it is. It's only a maybe)
And clearly BEN thinks they will win the court case anyway. They would certainaly have the best legal advice available.So they do not regard the debt as bad or doubtful.
----------------------------------
However, leaving all that aside.
You obviously have a very strong opinion on this
aspect of BENs financials.
What appropriate figure would you put in BENs accounts for "reserves for bad and doubtful debt" ?
I look forward to your answer.
Cheers
tick,tick,tick ben gets it right again, page-4
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