gain or loss on sale of asset net, income, higher, investing, activities

Beatnik

why would it be in OCF?

farrukhsadiq

on the same note, just make sure i am clear, the loss is reported net of tax as a part of non-operating income???

ramzes

lzen5 Wrote:
-------------------------------------------------------
> why would it be in OCF?


because when we want OCF from NI we add back non-cash charges.

JPSem

lzen5 Wrote:
-------------------------------------------------------
> on the same note, just make sure i am clear, the
> loss is reported net of tax as a part of
> non-operating income???


it should be a infrequent item so it is in income from continuing operations before tax.

RealEstate_CFA

Just so I'm clear. If the book value is 50,000 and I sell the asset for 30,000...

the cash flow from investing increases 30,000, and net income goes down 20,000....

but cash flow from operating activities goes up 20,000 so cash flow from operations is 20,000 higher than net income...

?

Jolyn

long day...



Edited 1 time(s). Last edit at Wednesday, June 2, 2010 at 11:22PM by letsdothis.