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Question · Supplier finance arrangements

Lirdis's liabilities under its supplier finance arrangement amount to 3,400,000 at year-end; for 1,150,000 of that amount, suppliers have not yet been paid by the provider (case data). Compute the carrying amount of liabilities for which suppliers have already been paid.

Liabilities under the arrangement
3,400,000
Part not yet paid to suppliers
1,150,000
Your answer

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