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Please help me how we got lease liability of 7 721 735 calculation, its sample 7 answer for chapter 19- Leases page 144
i tried to discount by 5% i dont get the 7 721 735, please show me your calculations of the figure
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.
@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.
@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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