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1) Why in current asset need to adjust -$525 ? Why not adjust for $692 since it is increase in current asset ?
2) For EPS calculation, why we take $217 million as predicted PAT ? Why not $76 million since we assume that the children division is sold.
3) Why we need to deduct the profit of $76 million afterwards ? T.T
1. It has been adjusted by 692 (1217 – 525)
2. The haven’t taken 217 for the revised forecast. They have adjust for the same of the children’s division and used 237.
3. The 76 is removing the profit from the children’s shoes.
I have noticed your question – it is the weekend and I do not sit at the computer 24 hours a day!
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