CFAI Reading 27 Example # 2 pg 377 # 5 How do you calculate Cash Flow Accrual without discontinuin ops? Siemens 2006, for example, I added back to Net Income the Discont’d Ops loss of 54 to get 3,087 and then subtracted CFO+CFI (4,981+(-4614)) to get 2,720. But answer is 2,348. What am I doing wrong?
3033+54-(5174-4435) = 2348
Oh, I have to use cash flows excluding disct’d ops. Thanks CP!!
this cp123 guy knows everything?!