problem 259 solution in BPP kit

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May 10, 2019 at 5:27 pm #515533
boychenkove
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Dear John,
I can not understand why they subtract depreciation of 0.2m from profit? As I understand depreciation should reduce capital employed (less current asset value), but not profit?

Sorry, got it! Yes, depreciation is decreasing profit, selling the asset – capital.

Thanks anyway.
V.
May 10, 2019 at 6:04 pm #515539
John Moffat
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No problem 🙂
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