Profit from associate
Is it part of CFO or should it be subtracted when adjusting net income in Cash Flow Statement?
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Is it part of CFO or should it be subtracted when adjusting net income in Cash Flow Statement?
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Assuming by associate you mean an affiliate reported using equity accounting....you subtract net income from affiliates but add dividends received from equity investments...both in cash from operations.
I subtract profit from NI in CFO but I would think dividends received should go in investing since that is really an investment and not related to the operations of the company?
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