To increase Excess Cash Margin, should you extend the depreciation term of fixed assets and/or to capitalize direct advertising revenue? Extend depreciation term Capitalizing advertising A. Yes Yes B. Yes No C. No Yes D. No No What is the answer and why?
Are you sure that is from the 2008 LOS? I believe that was part of SS7 last year, which has been completely replaced.
Sponge_Bob_CFA Wrote: ------------------------------------------------------- > Are you sure that is from the 2008 LOS? I believe > that was part of SS7 last year, which has been > completely replaced. And thank God. That stuff sucked. YMC admit it, you are using last year’s notes to save a buck.
What is an Excess Cash Margin?
Dinesh - don’t worry it is not required…ECM is from a 2007 LOS that was eliminated along with the entire set of SS7 readings from last year ~ has to do with statement of cash flow analysis
Thanks Lisa. I thought it was yet again the Schweser-not-covering-it issue!
Yes, don’t worry, but if you are curious the majority of SS 7 last year dealt with how earnings and operating cash flows tracked (converging, diverging, etc). ECM was one of the measures; along with a bunch of bull shite that was about classifying levels of cash flows as recurring or not. I was not sad to see all new readings for SS 7! (sadly for us that are 3peaters, this is the 3rd new set of SS7 readings in as many years)