Don’t be so quick to ADD all the NCCs you see. You have to SUBTRACT: Restructuring reversals and Amortization of Bond Premiums. Sounds easy to do now, but these are classic CFAi traps.
Good point. I hope I remember this in 4 weeks.
Don’t be so quick to ADD all the NCCs you see. You have to SUBTRACT: Restructuring reversals and Amortization of Bond Premiums. Sounds easy to do now, but these are classic CFAi traps.
Good point. I hope I remember this in 4 weeks.