Help with FAR aicpa sample simulations

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  • #2094813
    glucksimi
    Participant

    Can anyone please help me understand some calculations from Simulation 2 in testlet 5. I am wracking my brain how to get to the right interest and tax expense adjustments. As well as the discontinued operations adjustment.

    Would greatly appreciate if anyone can give me breakdown of the calculation. And explanation for the second part as well. I am taking the exam on Monday and am freaking out.

    Please help me!!

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