Guys,
On book 3, p 140, they have an example to calculate FCinv with long-term asset sales.
Why is it that we dont consider depreciation in the calculation? I don’t get this example.
I know they mention “long-term assets sold were fully depreciated”, but how about the $1400 capital expenditures the company realized?
Thanks!
On book 3, p 140, they have an example to calculate FCinv with long-term asset sales.
Why is it that we dont consider depreciation in the calculation? I don’t get this example.
I know they mention “long-term assets sold were fully depreciated”, but how about the $1400 capital expenditures the company realized?
Thanks!