标题: Investment in Associates on Income Statement [打印本页] 作者: bchadwick 时间: 2013-4-12 22:24 标题: Investment in Associates on Income Statement
Where is the income from investment in Associates this reported on the income statement?
I’m seeing a question in the CFAI text, reading 26, question 8 that states EBIT/interest expense ratio is not affected by investments in associates. Also, on question 6 in the same reading, they deduct the gain on investment in associates from Net Income but don’t account for taxes in the answer.作者: PalacioHill 时间: 2013-4-12 22:24
EBIT is operating income.
Investment income from associates is not operating income.
And btw- the questions clearly states “Excluding investment in associates”.
Not reading question properly got to me during the last exam - don’t make those mistakes.
