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When computing the adjusted cash flow from assets, the tax amount is calculated as: Multiple Choice EBT(TC) EBIT (TC) (EBIT - Depreciation - Change in
When computing the adjusted cash flow from assets, the tax amount is calculated as: Multiple Choice EBT(TC) EBIT (TC) (EBIT - Depreciation - Change in NWC - Capital spending) (TC ). (EBIT + Depreciation - Change in NWC - Capital spending) (TC) (EBT - Depreciation) (TC)
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