标题: Capital Budgeting [打印本页] 作者: mkytz15 时间: 2011-7-13 13:47 标题: Capital Budgeting
Why is depreciation not added back to operating income after taxes in Table 28 (Basic Capital budgeting example) as it is added back in previous examples, page 60 of CFA-reding 27作者: Analyze_This 时间: 2011-7-13 13:47
It is added back, they just don't have a line for it after "Operating income after taxes". The difference between "After-tax operating cash flow" and "Operating income after taxes" is the depreciation amount of 30,000.
