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请问

 

FCFF里面的FCInv和investing cash flow是一个东西么?

 

 

谢谢

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?

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Thank you. I feel the same way.

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