mock 2 question 22

CFA Level II
#21
  1. but CFAI got it wrong by not including the disposition, correct? 2. FCinv is CFI?
#22

can somone confirm in the CFAI text that a dispositino of PPE is subtracted from FCinv? 1luv

#23

I ended up getting this problem correct, but it took forever. For some reason I also kept thinking it indicated a decrease in working capital of 36. Not an increase.

#24

if a company sells fixed assets, cash inflow equal to the proceeds from the sale, would be deducted in arriving at FCInv. When i took the exam, when subtracting the disposition from FCInv, it was not an answer choice. ( i even considered the after-tax effect, but nothing). the exam answer choices, in my opinion, was incorrect.