Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which one of the following formulas is incorrect? A. Operating cash flow = revenues - cash expenses - taxes B. Operating cash flow = net

Which one of the following formulas is incorrect?

A. Operating cash flow = revenues - cash expenses - taxes

B. Operating cash flow = net profit + depreciation

C. Depreciation tax shield = depreciation (1 - tax rate)

D. Operating cash flow = (revenues - cash expenses) (1 - tax rate) + (depreciation tax rate)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Debt Resisters Operations Manual

Authors: Strike Debt Strike Debt

1st Edition

1604866799, 978-1604866797

More Books

Students also viewed these Finance questions

Question

an element of formality in the workplace between different levels;

Answered: 1 week ago