Financial Modeling
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Now, I am running into a scenario where the company does not break out the depreciation and amortization on the income statement. However, the company does disclose different amortization allocated in COGS and OPEX. So, does that mean that I should add an amortization expense row in the income statement for the projection; however, if the company's historical COGS and OPEX already include amortization expense and I am actually building the COGS and OPEX projection based on the company historical drivers so would building a separate amortization projection kind of double count the effect of amortization expense? Or, would I need to go through all the company reports to break out all the historical amortization from COGS and OPEX in order for me to build a more precise amortization projection? A bit confused here. Read More