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The tax shield Apporach to calculating the operating cash flow is defined as A. (Revenue -Cost)* (1-cost)- (depreciation)*(1-tax rate) B. (Revenue - Cost)* (tax rate)

The tax shield Apporach to calculating the operating cash flow is defined as

A. (Revenue -Cost)* (1-cost)- (depreciation)*(1-tax rate)

B. (Revenue - Cost)* (tax rate) + Depreciation * (1-tax rate)

C. ( Revenue- Cost)* (1- tax rate)+ (accumulated depreciation) * ( tax rate)

D. (Revenue- Cost)* (1-tax rate) + (annual depreciation)*(Tax Rate)

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