Question
The operating cash flow for a project should exclude which oneof the following? a. Interest expense. b. Depreciation tax shield. c. Variable costs. d. Taxes.
The operating cash flow for a project should exclude which oneof the following?
a. Interest expense.
b. Depreciation tax shield.
c. Variable costs.
d. Taxes.
e. Fixed costs.
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
