IAS 17 Leases Example 2

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April 21, 2012 at 8:28 pm #52309
yifanyang
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can someone explain to me where the figure of 13,714 for TNCA comes from, I can’t for the life of me work it out.

Thanks in advance
April 24, 2012 at 9:09 pm #96528
Plen
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which question and study book are u referring to?
April 27, 2012 at 2:08 pm #96529
MikeLittle
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I haven’t got it in front of me, but I imagine that 13,714 is the aggregate present value of the lease payments for years 2, 3, 4 and 5
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