IF A COMPANY CHOOSES TO CAPITALIZE AN EXPENDITURE RELATED TO CAPIT...

34. - MOCK AND SAMPLE EXAMS CFA 2012 L1 SAMPLE EXAM V1 QUESTION
MOCK AND SAMPLE EXAMS CFA 2012 L1 SAMPLE EXAM V1 QUESTION
34. If a company chooses to capitalize an expenditure related to capital assets instead of expensing it, ignoring taxes, the company will most likely report: A. a lower cash flow per share in that period. B. a higher earnings per share in future periods. C. the same free cash flow to the firm in that period.