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3- Operating cash flow is defined as: A) Earnings before interest and taxes (EBIT) minus depreciation plus taxes. B) The change in net working capital

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3- Operating cash flow is defined as: A) Earnings before interest and taxes (EBIT) minus depreciation plus taxes. B) The change in net working capital plus depreciation minus taxes. C) Earnings before interest and taxes (EBIT) minus taxes plus depreciation. D) Sales minus costs minus depreciation plus taxes. E) None of the above

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