AuthorTopic: CFO question
dylon
@2014-12-07 23:43:02
When calculating CFO (indirect method), I am always confused why a gain on the sale of equipment is included from the income statement. I understand why depreciation is added back, but are there any other items that are added or subtracted other than depreciation and gain/loss from sale of equipment?

CFA Discussion Topic: CFO question

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes