I found some wrong answers and explanations including this one. Use your judgement when you are wrong
This is not wrong…
Th
The exam stress is setting in… EVERYBODY is a potential zombie including the schweser girl
Isn’t
FFO = NI + Depreciation + Deffered Tax Expenses - Gain + Losses
IF you are adding depreciation back, you aren’t expensing it.
Read the wording of the question carefully.