标题: CFA Mock Errata [打印本页] 作者: BC_MBA_student 时间: 2011-7-11 20:10 标题: CFA Mock Errata
Does anyone know if there's an errata for this years L2 Mock. Their answer to Question #27 of the morning session takes the gain on sale less accumulated depreciation to calculate cap gains. The CFA text indicates that book value (purchase price less accum dep) is used to calculate cap gains. Please advise. Thanks作者: lucasg85 时间: 2011-7-11 20:10
No it is right. We need to subtract Depreciation Recapture from Gross Gains in order to get Cap Gains. In this example Depreciation Recapture is Total Accumulated depreciation because Selling price > Purchase price.
Edited 1 time(s). Last edit at Sunday, May 22, 2011 at 09:17PM by jimmykaw.
