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标题: Q14 Mock Exam CFA Morning [打印本页]

作者: lunarfollies    时间: 2011-7-13 16:01     标题: Q14 Mock Exam CFA Morning

Any idea why in the calculation of operating income/sales they exclude depreciation in the calculation? I thought operating income (i.e., EBIT) included a reduction from depreciation. Any thoughts?




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