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Average Profit from Investment

Ssunny208y ago
In Chapter 7 example 8, whether or not the average profits from investment are always before depreciation? Many thanks
John MoffatJohn MoffatTutor8y ago#1
Profits are always after depreciation!!! (Think back to Paper F3, or whatever exempted you from F3 :-) ) Are you not watching the free lectures (because this is explained in the lecture)? The lectures notes are only notes and it is in the lectures that I explain and expand on the notes. If you are not watching the lectures for any reason then there is no point at all in using the notes - you should buy a Study Text from one of the ACCA approved publishers and study from there.
Ssunny208y ago#2
Sorry I'm watching it, but didn't pay attention. I realise that's accounting profit. Many thanks
John MoffatJohn MoffatTutor8y ago#3
You are welcome :-)
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