问题如下：
The inventory of company M experienced a write-down in 2013, but the write-down was then reversed in 2014. Compared with the condition that the write-down never happened, which of the following is not true about company M's 2014 financial report? ?
选项：
A.Cash flow from operations was higher.
B.2014's ending inventory balance was unchanged.
C.Profit was overestimated.
解释：
A is correct. The write-down indicates that the value of inventory decreased and the cost of sales increased, the reversal of the write-down indicates that the cost of sales decreased, so in 2014 the profits were overestimated. Because the write-down and reversal of the write-down offset each other, 2014' s ending inventory balance remained unchanged. Although the write-down and reversal of inventory did not influence the cash flow from operations, overestimated profits in 2014 tended to produce higher taxes, which led to lower cash flow from operations.
看不懂解析的意思"Although the write-down and reversal of inventory did not influence the cash flow from operations, overestimated profits in 2014 tended to produce higher taxes, which led to lower cash flow from operations."
雖然減值跟轉回不影響CFO, 但高估PROFIT會導致較低的CFO(?)
高估PROFIT的原因不就是沒有轉回嗎?
