Measuring net cash flow to the firm requires adjusting net income for all of the following items

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Measuring net cash flow to the firm requires adjusting net income for all of the following items EXCEPT

a. Changes in debt.

b. Changes in working capital requirements.

c. Interest expense adjusted for the tax effect.

d. Capital expenditures.

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Essentials Of Forensic Accounting

ISBN: 12

2nd Edition

Authors: Michael A Crain, William S Hopwood

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