Hi John
In this question part (a) calculation of PV of expected future cashflows they have not reduced non-cash expenses from operating cashflow to calculate PBT and then tax. Can I know why?
I did for 20x7: 2248-350-1025=873, then on which I calculated tax as 261.9
Later I did: 2248-261.9+1025 to get operating cashflows.
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Stanzial Inc (Dec 06 Adapted)
4y ago#1What you have done is sensible and would have got full credit in the marking :-)
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