Does anyone know the answer to this question and could walk through what the impact would be on the 3 financial statements?
| +133 | Americas M&A League Table Q2 Updated | 62 | 1h |
| +132 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 1d |
| +64 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 1h |
| +49 | Boutique firm wants access to my LinkedIn? | 40 | 1h |
| +45 | Restructuring: Anti-climactic Experience | 11 | 26m |
| +33 | Investment Banking in Mexico | 9 | 1d |
| +32 | Investment Banking is Hard | 14 | 6h |
| +30 | IB Net Worth / Savings Check | 13 | 37m |
| +21 | Excel macros for QOL formatting | 0 | 5d |
| +21 | Who pays the highest right now? | 12 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
In reality I think the company may restate its financials for the prior year? Idk exactly though
interested to hear thoughts
Sure. Depreciation decreases by 100. Assuming a 30% tax rate, net income is up $70.
Indirect method this becomes top line item in CFS. However, this is a non-cash transaction and PPE is going to increase as it didn’t actually depreciate by the previous amount stated, so PPE is up 100 and cash is down $30. So:
A:
Cash $30v
PPE $100^
L/OE:
RE $70^
Quisquam quo voluptatem sint. Consequatur ea temporibus ad et eum est. Sunt ut dolorum voluptas inventore. Facere assumenda molestiae sequi nostrum omnis.
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...