30. Net profit + Non-cash expenses/losses is equal to :
(A) Funds from operation
(B) Issues of shares
(C) Application of funds
(D) Source of funds
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Answer:
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Answer:
(A) Funds from operation
Explanation:
Net profit + Non-cash expenses/losses is equal to Funds from operation
Net profit:
The actual profit after working expenses not included in the calculation of gross profit have been paid.
To calculate net profit, you just take your total revenue for a period of time and subtract your total expenses from that same time period.
Non-cash expenses/losses is equal to :
Money spent on repairs, supplies, payroll, and other operating expenses.
NON cash expenses are
- Depreciation.
- Amortization.
- Unrealized gains.
- Deferred income taxes.
- Asset write-downs.
Net profit + Non-cash expenses/losses is equal to Funds from
operation
The project code is #SPJ2
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