Cash flow available to ALL investors is defined as

Question $6$ options:

D$.$ interest $+$ retirement of debt $-$ new debt issues

A$.$ EBIT$(1-$t$)-$ change in NOWC $-$ change in Net Fixed Assets

B$.$ dividends $+$ repurchase of stock $-$ new equity issues

C$.$ OCF $-$ change in NOWC $-$ change in Net Fixed Assets