李同学2019-01-03 18:09:22
If ignoring taxes, a company chooses to capitalize an expenditure related to capital assets instead of expensing it , the company will most likely report: A a lower operating cash flow in that period. B a lower investing cash flow in future periods. C Free cash flow to the firm will stay for the same in that period. C 请问:我贴图中的两个绿色圈圈的部分是怎么抵减掉的,视频解析里没有展开说明,能否进一步展开公式说的再详细点~
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Yan2019-01-04 10:34:10
同学你好。不需要再展开的,费用化就是CFO,而资本化就是CFI,而FCFF=CFO+Int(1-T)-FC inv.那么费用化的话,CFO会变小,而资本化是CFI (FC INV)变小。所以会计处理选择不同,对它的FCFF是不影响的啊。
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