Assignment 2 Question 3

12 views
Skip to first unread message

Renee

unread,
Jul 24, 2011, 11:19:03 PM7/24/11
to FA4 Summer 2011
How are people getting PPD of 1200000? I have 2800000. Am I missing
something?

Ruby Lal

unread,
Jul 24, 2011, 11:24:22 PM7/24/11
to fa4-sum...@googlegroups.com
you are forgetting the common stock - assume no change from the given balance sheet so add $1,600,000 to the $400,000 RE for total of $2,000,000 BV of silver
Reply all
Reply to author
Forward
0 new messages