20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

Kodak company (12/09)(a)

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
July 9, 2018 at 7:35 am #461372
vinty
Member
- Topics: 47
- Replies: 22
Why “new additions to non current assets” are deducted in calculating FCFE ? I know that capital repayments are deducted in calculating FCFE.please explain it.thanks in advance
July 9, 2018 at 4:11 pm #461424
John Moffat
Keymaster
- Topics: 57
- Replies: 54454
Because if cash is paid out for new non-current assets, then there is less cash available for equity.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.