Financial Modeling
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How do you typically account for Discontinued Operations in the BS, IS and CF?
With regards to the BS: I am looking at the 3Q2006 results of WMT and reported the affect on the Cash & Equivalents and Current Assets of Discontined Operations, but have not detailed the affects on the Liablilies and Shareholders EQ and I am having a hard time balancing the BS.
With regards to the IS: Mgmt has not indicated how much the discontinued operations accounts for in revenue. Read More