[Uchils]

When subtracting gains or adding losses to/from net income ***after taxes***, do you account for the tax effect? For instance, if gain from sale of equipment is $100 and tax rate is 30%, would I subtract $70 to arrive at operating cash flows or do I subtract to entire pre-tax gain?

Thanks!!!!

Edit: I also posted this in FAR thread, so I apologize to anyone who finds that obnoxious. It’s just my material conflicts and it is really frustrating.