hard · CFA Level I Financial Statement Analysis
Harbourlight REIT reports Net Income of 3,200,000. It recorded a gain of500,000 on the sale of an investment property and 120,000 in stock-based compensation. Accounts Receivable increased by100,000 and Prepaid Expenses increased by $40,000.
Assuming no other adjustments, CFO is closest to:
- $2,820,000
- $3,680,000
- $2,680,000
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