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- This topic has 6 replies, 3 voices, and was last updated 5 years ago by P2-D2.
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- February 26, 2019 at 6:08 pm #506628
Please help me how we got lease liability of 7 721 735 calculation, its sample 7 answer for chapter 19- Leases page 144
March 1, 2019 at 8:54 pm #507055Hi,
What is it that you do not understand about it exactly, please?
Thanks
March 4, 2019 at 7:12 pm #507525just how you calculated the figure
March 4, 2019 at 7:14 pm #507527i tried to discount by 5% i dont get the 7 721 735, please show me your calculations of the figure
March 5, 2019 at 7:53 am #507634Hi Sir,
For this example, when we calculate PV, it is PV = CF x AF 1-10 which is $ 1 mil x 7.722 = $ 7,722,000 instead of $ 7,721,735 that you showed in the example.
If the answer is $ 7,722,000, then the “liability retained” will affected the figure of right-to-use and gain on transferred to SPL along too?
Please correct me if I am wrong.
Thank you.
March 6, 2019 at 10:55 pm #508190@acid said:
i tried to discount by 5% i dont get the 7 721 735, please show me your calculations of the figureSo show me how you’ve discounted it then and I can correct you.
March 6, 2019 at 10:55 pm #508191@alankang said:
Hi Sir,For this example, when we calculate PV, it is PV = CF x AF 1-10 which is $ 1 mil x 7.722 = $ 7,722,000 instead of $ 7,721,735 that you showed in the example.
If the answer is $ 7,722,000, then the “liability retained” will affected the figure of right-to-use and gain on transferred to SPL along too?
Please correct me if I am wrong.
Thank you.
It is due to rounding, so don’t worry.
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