Archive for September 28th, 2009
Why is “cash received from sale of company building” considered Operating Cash Flow?
cory asked:
My financial statements book (Scheweser’s chartered financial analyst guide) says that profit on sale of building is NOT considered cash flow from operations, but “cash received from sale of company building” is.
My financial statements book (Scheweser’s chartered financial analyst guide) says that profit on sale of building is NOT considered cash flow from operations, but “cash received from sale of company building” is.
And then it goes on to say that “cash received from sale of company building” is considered investing cash flow.
Which one of these is right?
Mariano Comeaux
