NO.PZ201512300100001206
问题如下：
6. The most appropriate treatment of the estimated restructuring charge, in response to Nkomo’s Question 3, would be:
选项：
A.an upward adjustment to book value.
B.an upward adjustment to the cost of equity.
C.to exclude it from the estimate of net income.
解释：
The restructuring charge is a nonrecurring item and not indicative of future earnings. In applying a residual income model, it is important to develop a forecast of future residual income based upon recurring items. Using the net income reported in Amersheen’s 2010 net income statement to model subsequent future earnings, without adjustment for the restructuring charge, would understate the firm’s future earnings. By upward adjusting the firm’s net income, by adding back the R2 million restructuring charge to reflect the fact that the charge is nonrecurring, future earnings will be more accurately forecasted.
restructing exp是属于non-recurring?
non recurring 里面不是包括goodwill impairment ，asset writedown ，gain or loss form non operationg .litigation libaility ,dectation of litigation?还有什么科目能举例子？
我记得在FCFF算ncc的时候对于重组费用是调整的，将restricting归类为noncash charge的/
