Business
Business, 07.04.2020 19:31, Gearyjames8

The tax shield approach to computing the operating cash flow, given a tax-paying firm: Select one: a. separates cash inflows from cash outflows. b. considers the changes in net working capital resulting from a new project. c. recognizes that depreciation creates a cash inflow. d. ignores all noncash expenses and their effects. e. ignores both interest expense and taxes.

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