CFO Direct Method - Depreciation should be ignored?

2024.11.29 10:20 Flint0 CFO Direct Method - Depreciation should be ignored?

I was struggling last night to understand how to calculate CFO, and what clicked for me was understanding the "source of cash" and "use of cash" thinking for assets and liabilities. I am explaining this because I selected the wrong answer before this made sense to me.
I thought depreciation should be ignored for direct method? But in this question they seem to be adding it.
https://preview.redd.it/4hz1dt3jgt3e1.png?width=956&format=png&auto=webp&s=841450c2a2a5b8472f743d3eeb743f416dc86363
In the few steps to calculate CFO using the direct method, I can see this:
These are steps for the direct method:
Step 1: Start at the top of the income statement with revenue.
Step 2: Examine the balance sheet for any assets or liabilities (typically current) relating to the income statement item.
Step 3: Compute the change in the balance sheet asset or liability.
Step 4: Adjust the income statement for the change in the balance sheet amount using the following rules:

Subtract an increase in an asset (a use of cash), or add a decrease in an asset (a source of cash).
Add an increase in a liability (a source of cash), or subtract a decrease in a liability (a use of cash).

For these rules to work consistently, we must treat expense items as negative numbers (e.g., cost of goods sold, wages and salaries) before we adjust them.
Step 5: After adjusting the income statement item for the change in the balance sheet asset or liability, move to the next item in the income statement.
Step 6: Ignore any noncash charges (e.g., depreciation, gains and losses on asset disposal). A noncash charge is any amount in the income statement that is due to accounting treatment rather than actual cash flows.
submitted by Flint0 to CFA [link] [comments]

2024.11.29 10:20 front-page-watch [#485|+70228|323] The child must not be an obstacle [r/BrandNewSentence]

submitted by front-page-watch to longtail [link] [comments]

2024.11.29 10:20 Fourthliveshislife Join my Discord server about Mad FUT!

Here's the link, in this server we can talk about trades and help others! https://discord.gg/HvUGjyg9 Here's the link
submitted by Fourthliveshislife to MADFUT [link] [comments]

2024.11.29 10:20 lss_web_1444 Text post title 770

Text post body
submitted by lss_web_1444 to automationContentCom [link] [comments]

2024.11.29 10:20 ZestyclosePresent234 Selling 2 silver tickets for dua lipa concert

Selling 2 silver tickets for dua lipa concert at 3k. Interested please dm
submitted by ZestyclosePresent234 to Tickets [link] [comments]

2024.11.29 10:20 lss_web_1444 AMA post title 716

AMA post body
submitted by lss_web_1444 to automationContentCom [link] [comments]

2024.11.29 10:20 loharnowbe Trekkinn Black Friday Ads 2024

Follow this link for Trekkinn Black Friday Ads 2024. Access the latest deals and promotions by visiting the link, featuring a constantly updated list of coupons, promo codes, and discounts.
submitted by loharnowbe to LimitedDiscount [link] [comments]

2024.11.29 10:20 CorynayWasTaken Help: D4C Bugged??

Hello and am a returning player, D4C is bugged for me and asking if others are facing a similar problem. First Heart of Saint I got D4C but when i switched to another Spec and switched back it was Star Platinum. Tried using a Second Heart of Saint and still got Star Platinum. Any tips on fixing this will be appreciated.
https://preview.redd.it/8z9hxtzsgt3e1.png?width=1920&format=png&auto=webp&s=99905f567d09dabdd6b2cbe14c48c5fa4363ca62
https://preview.redd.it/mvw5ko9xgt3e1.png?width=1920&format=png&auto=webp&s=8c075291afda5f4fea7f2b161aa9bf9c0d36726e
submitted by CorynayWasTaken to AUniversalTime [link] [comments]

2024.11.29 10:20 Aiden_J_art [FOR HIRE] Freelance manga artist available for short and long term projects

submitted by Aiden_J_art to ComicBookCollabs [link] [comments]

2024.11.29 10:20 arminsexual How much calories in this Cholent?

I usually eat super clean but I saw vegan cholent at a festival today and I’ve missed Cholent since I grew up on it. I just hope it won’t ruin my calories for the day in a single meal 😢
submitted by arminsexual to caloriecount [link] [comments]

2024.11.29 10:20 Vegemitebadger Fuse box question

I’ve recently purchased a Mercedes v350 and the entertainment system has died on me. Because it’s an import, all of my paperwork and diagrams are in Japanese, so it’s hard to determine which fuse corresponds to the entertainment system. Does anyone have any guidance? Thank you!
submitted by Vegemitebadger to mercedes_benz [link] [comments]

2024.11.29 10:20 DazzlingBath5140 What is this?

This post contains content not supported on old Reddit. Click here to view the full post
submitted by DazzlingBath5140 to Pixelary [link] [comments]

2024.11.29 10:20 CrisKanda How many mana cost is too much mana cost? Teferi's Protection

We know [[Teferi's Protection]] is a cheap and strong card.
How many mana you will pay for the same effect? Maybe pay 1 or 2 more generic mana is worth? Pay 1{W}{W} change a lot the viability of the card?
I just want to start a conversation about "how mana cost you will pay for a strong effect?" same with [[Jeska's Will]] for example
submitted by CrisKanda to EDH [link] [comments]

2024.11.29 10:20 4dollarchain Query related to batch codes❗️

So I ordered this etude fixing tint few days ago from nykaa and received but the product but it had so many starches so I opted for exchange and today I received the new one but the problem is that the old one they gave me and this new one has the same batch so can two different products have same batch code ik it might be a silly question but I am just worried that this could be a fake one Please help me out on this one I know it's not the right sub i will delete it after my query is resolved
submitted by 4dollarchain to IndianBeautyDeals [link] [comments]

2024.11.29 10:20 Living-Education4868 Is worth buying a pixel 8 or is better to wait and get the 9 or the 10?

I need to buy a phone and there is a pixel 8 for around €500? Is it worth it? or is it far below expectations as I have read and heard around? Is it better to wait and get the 9 or wait even longer and get the 10?
submitted by Living-Education4868 to pixel_phones [link] [comments]

2024.11.29 10:20 Zealousideal-Juice73 Heat stops working after a rain.

This may or may not be linked but I notice my heat stops working after a rain. I pull off this little hose (circled in red) and a small stream of water pours out. Once the water is out and I re attach the hose it will fire up again. What is happening?
submitted by Zealousideal-Juice73 to hvacadvice [link] [comments]

2024.11.29 10:20 pcdfranchisecompany1 Black Friday Deals on Fashion, Tech and Electronics on Amazon

submitted by pcdfranchisecompany1 to hometheater [link] [comments]

2024.11.29 10:20 grandesample Dun & Bradstreet Black Friday Ads 2024

Follow this link for Dun & Bradstreet Black Friday Ads 2024. Access the latest deals and promotions by visiting the link, featuring a constantly updated list of coupons, promo codes, and discounts.
submitted by grandesample to GlibDiscount [link] [comments]

2024.11.29 10:20 Fantastic_Pea4891 Adblocker for streaming sites

Hi I was just curious if there was an adblocker that works for sites like fmovies and sflix and other piracy sites. I tried AdGuard but it didn’t seem to work.
submitted by Fantastic_Pea4891 to ipad [link] [comments]

2024.11.29 10:20 RosvoRolle What makes Swain ADC good?

I'm relatively new player who came back to LoL from break, and it seems Swain now has a big winrate on ADC I understand that he got some reworks while I was gone, so I wonder what changes made him good there now? I remember him being moreso mid/supp champion.
submitted by RosvoRolle to SwainMains [link] [comments]

2024.11.29 10:20 Resident_Blueberry_5 Dropped My Day Job to Shill $PEIRO - Here's Why You Should Care

Hey, Reddit fam,
I know, I know, every other day someone's on here hyping up a new crypto, but hear me out because this isn't just another pump and dump scenario. I've literally left my job to promote $PEIRO full-time. Yes, you read that right - I dropped my 9-5 to shill this coin, that's how much I believe in it. Now, let's get something straight: I'm not here to tell you to YOLO your life savings into this. I'm just sharing an opportunity that feels like it could be the next big thing, and I want you all to be part of something potentially massive. Why $PEIRO?

Community: It's not just about the coin; it's about the people behind it. I've met some of the team, and they're passionate, transparent, and genuinely believe in what they're doing.
Potential: With what they're planning, from eco-friendly initiatives to blockchain solutions for real-world problems, $PEIRO could seriously disrupt several industries.
Momentum: The buzz around $PEIRO isn't just online chatter. I've been talking to my friends, family, even the barista at my local coffee shop. There's real interest, and it's growing.

Why I Took the Plunge: I've never been one for half measures. When I see something with potential, I dive in. I've seen too many good projects come and go because they didn't get the support they needed at the right time. I'm not letting that happen here. How You Can Get Involved:

Do Your Own Research (DYOR): I'm not going to lie to you, read the whitepaper, check out their roadmap, look at the team's credentials.
Start Small: If you're skeptical, that's okay. Dip your toes in. See how it goes.
Spread the Word: If you believe in the project after your research, tell your network. The more people on board, the stronger we become.

I'm not here to just shill; I'm here because I genuinely think this could change a lot of lives, including mine. I've seen what early adoption did for Bitcoin, Ethereum, and others. $PEIRO might not be the next Bitcoin, but it has the spirit of innovation that could lead to something big. Let's ride this wave together, folks. It's gonna be epic. Disclaimer: This is not financial advice. Always invest what you're willing to lose.
Find us here!
https://linktr.ee/PeiroOnEtherum
submitted by Resident_Blueberry_5 to CryptoMoonShots [link] [comments]

2024.11.29 10:20 CowboyCoat Upgrade de memória ram

Tenho hoje um ryzen 5 5600, 16gb ram (2x8gb) com uma rx 6750xt que estou esperando chegar, pretendo jogar em full hd msm devido meu monitor... vale a pena ir para 32gb ram com 2x16gb atualmente ou aumentar mais 2x8gb ou é desnecessário qualquer um dos dois?
submitted by CowboyCoat to hardwarebrasil [link] [comments]

2024.11.29 10:20 lighrtshro Heheh, mines bigger

body text
submitted by lighrtshro to SoulKnight [link] [comments]

2024.11.29 10:20 wolfo98 BREAKING: Louise Haigh has resigned over her conviction for fraud, saying the issue ‘will inevitably be a distraction from delivering on the work of this government and the policies to which we are committed’. Starmer’s response is strikingly brief, thanking her for the work she has done

BREAKING: Louise Haigh has resigned over her conviction for fraud, saying the issue ‘will inevitably be a distraction from delivering on the work of this government and the policies to which we are committed’. Starmer’s response is strikingly brief, thanking her for the work she has done

submitted by wolfo98 to tories [link] [comments]

2024.11.29 10:20 Personal-Project-461 Slanted walls - first time. Looking for advice on how to decorate and clever solutions. Right now we live in a flat with straight walls and higher ceilings which makes it basically the opposite of our new, charming flat.

submitted by Personal-Project-461 to interiordecorating [link] [comments]

https://yandex.ru/