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标题: Elan FRA Question [打印本页]

作者: aurific 时间: 2011-7-11 18:33 标题: Elan FRA Question

Could someone please help me uderstand the Elan problems in FRA, Reading 34, #9 and #10?

I got them wrong b/c I did not account for depreciation in #9 and then left out depreciation and gain on sale of equipment for #10.

I thought that when you calculate CFO you are supposed to ignore noncash charges and non-operating items, is this correct?

I appreciate any insight anyone can offer.

Thanks!

作者: FVPV 时间: 2011-7-11 18:33

I'll just add to what ravinsu said. You ignore non-cash charges and non-operating items when calculating CFO using the direct method.

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