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2 replies to "Still a Zombie after Cost Cutting & Layoffs"
When converting total assets to Invested Capital, are “Accumulated Restructuring Costs” added, subtracted or neither?
Thanks.
Hi Carl:
Yes, great question. Yes, accumulate write-downs are included in invested capital. See this white paper on how handle write-downs in Invested Capital here: https://www.newconstructs.com/asset-write-downs/