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Comments (7)

Feb 10, 2011 - 3:09am
vanillathunder12:
That would occur on January 1st, not December 31st...

I thought of that after the fact and I'm admittedly less confident in my answer now. The journal entry for CapEx would definitely occur on the 1st, but I think you should still be mentioning CapEx because for the yearly period, the CapEx at Jan 1 would still be captured when you prepare the actual statements on Dec 31.

I've actually been asked this exact question and the guy told me not to forget CapEx, but analysts certainly aren't infallible.

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