Question
Which one of the following will increase the operating cash flow as computed using the tax shield approach? Decrease in fixed costs Decrease in depreciation
Which one of the following will increase the operating cash flow as computed using the tax shield approach?
Decrease in fixed costs
Decrease in depreciation
Increase in the tax rate
Decrease in sales
Increase in variable costs
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Corporate Valuation A Guide For Managers And Investors
Authors: Phillip R. Daves, Michael C. Ehrhardt, Ron E. Shrieves
1st Edition
0324274289, 978-0324274288
