hard · CFA Level I Financial Statement Analysis
Pinion Logistics, reporting under IFRS, shows Net Income of 1,200,000. The analyst identifies the following: Depreciation of150,000, Stock-based compensation of 85,000, and a Gain on sale of equipment of110,000. Inventory rose by 60,000 and Accrued Liabilities rose by30,000.
The correct CFO is closest to:
- $1,235,000
- $1,295,000
- $1,405,000
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