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- UID
- 217814
- 帖子
- 252
- 主题
- 125
- 注册时间
- 2011-5-24
- 最后登录
- 2012-9-12
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Take an example... always helps
Sales = 1000
Depr = 100
No other expenses.
NI = (1000-100) * (1-0.4) = 540
FCFF = FCFE = 540 + 100 = 640
Now Depr + 100 = 200
NI = (1000-200) * (1-0.4) = 480
FCFF = FCFE = 480 + 200 = 680
So FCFF and FCFE went UP 40 = 100 * 0.4
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发表于 2011-7-13 13:29
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