Mini Case Assignment 4 Question 2 and 3

Mini Case Assignment 4 Question 2 and 3 - 109.7 Seven years...

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Adjustment ($millions) Assets Balance Sheet Inventory -82.8 Deferred Tax Liability -16.6 Common Shareholder's Equity -66.2 Income Statement Cost of Sales 82.8 Tax Expense -16.6 Net Income -66.2
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Cumulative net liability paid through: 12/31/1990 One year later 40.6 Two years later 70.8 Three years later 88.5 Four years later 101.2 Five years later 107.5 Six years later
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Unformatted text preview: 109.7 Seven years later 111.4 Eight years later 111.8 Net reserves reestimated as of: One year later 100.3 Two years later 102.3 Three years later 107.4 Four years later 110.7 Five years later 112.7 Six years later 112.0 Seven years later 112.5 Eight years later 113.4 Net cumulative redundancy (deficiency) (13.4)...
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Mini Case Assignment 4 Question 2 and 3 - 109.7 Seven years...

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