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Question 1 (4 points) Free cash flow is a) EBIT+Depreciation-Taxes-Capital Spending-Change in NWC b) EBIT-Depreciation-Taxes-Capital Spending-Change in NWC c) EBIT+Depreciation-Taxes-Capital Spending/Change in NWC d) None

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Question 1 (4 points) Free cash flow is a) EBIT+Depreciation-Taxes-Capital Spending-Change in NWC b) EBIT-Depreciation-Taxes-Capital Spending-Change in NWC c) EBIT+Depreciation-Taxes-Capital Spending/Change in NWC d) None of the other answers is true

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