needhelp1700

My understanding is that FCInv = capex - sale of LT assets = change in gross PPE - sale of LT assets



so if you are given a B/S, you have to take gross assets2009 - gross assets 2008 to arrive at capex, then look for sale of LT assets and subtract them out.

if you are just given capex, that is already representing the change in gross assets so no need to take any delta.