When calculating Cash flow from operation, I saw two methonds: 1.NI - Non-cash charges - Change in working capital 2.Pre-tax Income - Non-cash charges - Change in working capital - Income tax paid As in financial report, income tax in NI sometimes not equal to income tax paid, how can these two method come out with the same number? Thank you.
Trending Content - Investment Banking Forum
| +253 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 23 | 3h |
| +148 | UBS Exits 2026 | 39 | 1d |
| +96 | Work life balance = highly overrated | 38 | 3h |
| +74 | Congrats on the ROs. I Still Don’t Know Which One You Were | 8 | 2d |
| +42 | Did not get a return offer due to headcount, but happy to move on. | 8 | 2d |
| +40 | IB RO Discussion | 8 | 1d |
| +34 | I don’t think investment banking is the way for me anymore | 29 | 2h |
| +30 | Case studies in banking interviews? | 3 | 2h |
| +29 | Getting a BB job just for brand name? | 5 | 1d |
| +29 | Lied about bonus to future employer | 17 | 1d |
Career Resources
Doloribus voluptas voluptate corporis animi. Illo eos repellat quisquam optio tempora.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...