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Firm CDE had the following values for EBIT, Taxes and Depreciation for this year. This year EBIT $15,000,000 Taxes $5,000,000 Depreciation* $4,000,000 *Assume that Depreciation
Firm CDE had the following values for EBIT, Taxes and Depreciation for this year. This year EBIT $15,000,000 Taxes $5,000,000 Depreciation* $4,000,000 *Assume that Depreciation is a capital expenditure. Firm CDE's Operating Net Cash Flow is: a. $10,000,000 O b. $19,000,000 O c. $6,000,000 d. $14,000,000
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