Forcasting NOPLAT in real terms:
I arrived at EBIT the same way the book does it. The last step is where i tripped. The CFAI deducted the Real Forcasted Tax for 2009, which is about 36% tax rate.
I used the 35% tax rate for 2009 instead.
Why the preference?作者: KungFuPanda 时间: 2013-4-3 08:58
I think it’s because they used the real tax rate and not the nominal given one.作者: CFA4Techie 时间: 2013-4-3 09:02
