Thank you so much for your reply. However, I have the following concerns:
First of all, the "investing cash flow" in my previous statement comes from Level 1 "Understanding the cash flow statement". If you take a look at the page 120, you will see the components of Investing cash flow: ending PP&E - beginning PP&E + gains (-loss) on sales. And FCInv = capital expenditures - proceeds from sales of long-terms assets. They look like the same thing.
What do you think? |