Identify which of the following items are included in the calculation of cash flow before taxes (CFBT):

Question:

Identify which of the following items are included in the calculation of cash flow before taxes (CFBT): operating expenses , depreciation, initial investment, gross income, tax rate.

Salvage Value
Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset’s estimated salvage value is an important...