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May 22, 2015 at 12:05 pm
Mike, could you please also explain, why in answer in FV of SNA @doa stands:
Ret earnings b/F 1500
Ret earnings 6 months 1000
Shouldn’t it be 3500 and 500 respectively?
May 22, 2015 at 9:43 am
I have a question regarding mini exercises.
I don’t understand, from where comes addition 2000 in the line:
Ret earnings 6 months (21000+2000)/2
So 21000/2 is RE from 1 Oct 2008 till 1 Apt 2009, and what is 2000?
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