
- UID
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- 帖子
- 349
- 主题
- 14
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-6
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> In the first post, if depreciation increases by 100, shouldn't FCFF increase by 100 too? Not 100(1-0.4) like you said..
Yes, it does go up by $100 because we always add dpreciation back, but in addition when depreciation goes up by $100, your NI gets hurt by 0.40 x $100, so subtract that. |
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