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标题: Level2 2012 sample 1 19题 [打印本页]

作者: annyyu    时间: 2012-5-30 23:42     标题: Level2 2012 sample 1 19题

题目给的是
A ranch and living quarters are not required for the farm’s core operations, A total of
5125,000 in expenses (525,000 in depreciation and 5100,000 in operating expenses included in
SG&A) relate to those properties. The ranch and living quarters will be kept by the current owners
and are not a part of FDFs farming operations being considered for purchase by the hedge fund.

在normalize 时Selling, general, and administrative expenses (SG&A): reflects $200,000 reduction in owner’s compensation and $100,000 reduction in operating expenses related to the ranch.

这个$100,000 reduction in operating expense related to the rach 怎么得出来的啊?谢谢
作者: annyyu    时间: 2012-5-30 23:48

刚看到有人问了一样的问题,找到解答了
作者: sapper    时间: 2012-6-1 10:51

can you please share where is the link to the explanation? couldn't find it
作者: annyyu    时间: 2012-6-1 10:55

http://bbs.cfaspace.com/thread-435828-1-2.html




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