mengxu

Now that I'm on part 4, i'm even more confused
wouldn't it be
10,016
+685
+822
-(0.285 X 1507)
= 11094


as opposed to
10,016
+3522
-1004
= 12,534


If the section in part 3 uses the write down as the difference between the allowance in 08 and 07
then if we are reversing all previous write downs, wouldn't it be the same of the diff in 08-07 and 07-06?



Edited 1 time(s). Last edit at Sunday, October 24, 2010 at 02:04PM by canadiananalyst.