schweser , book 6, pratice 2AM, q 100

CFA Level II
#1

is it an error, in solution, it said begining exposure 1300, and ending exposure 1400, where this number comes from? where we could download errata? i did not see any on schweser website. thanks.

#2

the change in exposure is the amount of retained earnings for that year which is 100 google “schweser errata”

#3

where that 1400 comes from? Thanks. aladak Wrote: ------------------------------------------------------- > the change in exposure is the amount of retained > earnings for that year which is 100 > > google “schweser errata”

#4

Hey - I think the 1,400 comes from 1,300 of common stock and 100 of Retained Earnings. Let me know if that helps…

#5

thanks. where 300 comes from for q102? Thanks. JBT3 Wrote: ------------------------------------------------------- > Hey - I think the 1,400 comes from 1,300 of common > stock and 100 of Retained Earnings. Let me know if > that helps…

#6

exposure under all current method is stockholder’s equity.

#7

i think thas exposure under temporal method which is CA + AR - (CL + AR + LTD)

#8

Temporal - (Cash + AR) - (AP and LTD) Ends up being 600 - 300 = 300

#9

damn, gotta memorize that

#10

is it: all current: exposure = common stock + retained earning temporal: (Cash+RA)-(CL+AP+LTD)? let me know if this understanding is correct. thanks! JBT3 Wrote: ------------------------------------------------------- > Temporal - (Cash + AR) - (AP and LTD) > Ends up being 600 - 300 = 300