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Chapter 7 example 3.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Chapter 7 example 3.

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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    Posts
  • July 30, 2015 at 4:11 pm #263034
    Danielle
    Member
    • Topics: 9
    • Replies: 30
    • ☆

    Hi,

    In chapter 7 example 2 for the unrolling of discounted values 7% for 2009 and 8% for 2010, the values for which the interest it multiplied are by 30000 and 191000 retrospectively. Where are these two values taken from? The 30000 and 191000 I mean.

    Thank you for you help.

    Dani

    July 30, 2015 at 5:41 pm #263053
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Hi Danielle

    Those figures are the NET obligation / NET asset position of the employee benefit scheme at the start of the two respective years

    Ok?

    900,000 : 930,000 and

    (1,046,000 + 60,000) : 915,000

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