Reading 40, problem #6

[maratikus]

It seems like there is a typo in answers to part B,

COGS_F = COGS_L - (Reserve_E + Reserve_B).

COGS_L should be 348,587 for 1998 and 362,108 for 1999. The textbook shows 372,033 and 385,892. Is that just a typo or I'm not getting something?

I can't figure out how they solved part D. Can anyone help me with that?

 

[maratikus]

Never mind about part D, I figure it out. What about typo though?

 

[hiredguns1]

Have you checked the errata for whichever product you're referring to? I know CFAI and Schweser post updates/errata on their websites...

 

[maratikus]

Thanks, hiredguns1. I just got the errata from the CFA website.