Financial Modeling
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This is a more general accounting question. Recently I have been seeing lots of companies alternate between reporting their gain or loss on the disposal of assets in either CFO or CFI in the cash flow statement, yet, I remember learning that such disposals were typically only in CFI as it was related to fixed assets which implies an investing activity. Has there been a law change or am I just missing something?
Thanks so much in advance! Google has not been fruitful and as a non accountant (eco major) I have a pretty good grasp of the concepts but am not expert! Read More