一道FSA的题。。。很简单，但是我不会。。。

accounting, principles, equipment, otherwise, following

Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.
An analyst gathers the following information about three equipment sales that a company made at the end of the year:
Original Cost/Accumulated Depreciation at Date of Sale /Sales Proceeds
1 $200,000    $150,000                               $70,000
2 $200,000    $200,000                               $30,000
3 $300,000    $250,000                               $40,000
All else equal for that year, the company’s cash flow from operations will most likely be:
A. the same as net income.
B. $40,000 less than net income
C. $140,000 less than net income
答案是B，为什么啊？

早晨繁星

CFA New Member

Rank: 1

UID: 591260
帖子: 13
主题: 5
注册时间: 2013-9-26
最后登录: 2013-12-6

2^#

发表于 2013-11-23 00:20 | 只看该作者

如果解答没错的话

Based on indirect method of cashflow statement

Non cash Item should be adjusted from the Net Income to compute operating cashflow

Where we have to adjust back the Gain (loss) from the disposal of equipments

+20000
+30000
-10000
Total Gain of +40000

So operating cashflow should less 40000 than net income

*We dont adjust the depreciation of those equipments for the year because It has already included in the computation of the Gain (loss) from the disposal, of which we took original cost - ACCUMULATED depreciation up to date of disposal ...

Do correct me if my interpretation wrong

TOP

ooyingying