Spring 16 Q 15 Formula Error

tubaguytubaguy
edited September 2019 in Odomirok.22-23-GAAP

Hey Graham,

I think I found an error in the formula underneath SAP Surplus (2016.Spring #15):

You wrote:
==> net unpaid DCC & IBNR for AY 2013 & 2014:
= (25 + 20) - (0.5 + 1) - (35 + 40) - (1.5 + 2)
= 125

But I think this needs to be:
==> net unpaid DCC & IBNR for AY 2013 & 2014:
= (25 + 30) - (0.5 + 1) + (35 + 40) - (1.5 + 2)
= 125

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