lakshay (ipcc) (581 Points)
09 October 2011
isnt depreciation an operating expense?
in ashish kalra book in one question while calculating operating ratio they have just added cogs and selling expenses even though depreciation was given in pnl account?
why havent they dep too???
depreciation exp is directly related to buisness then why its nt included???
Rahul
(Chartered Accountnat CS)
(1580 Points)
Replied 09 October 2011
CA Rajat Jain
(CA)
(1677 Points)
Replied 09 October 2011
depreciation is an operating exp and a non cash expense
Rahul Suneja
(CA-Final, CS-Exec)
(215 Points)
Replied 09 October 2011
It is an operating exp. and deducted from GP
CAclubindia
