Question
Why are taxes deducted from the sum of EBIT (earnings before interest and taxes) and depreciation when calculating operating cash flow? A. Because taxes are
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Why are taxes deducted from the sum of EBIT (earnings before interest and taxes) and depreciation when calculating operating cash flow?
A. Because taxes are cash inflow.
B. Because taxes should not be paid.
C. Because higher taxes lead to higher operating cash flow.
D. Because taxes are paid in cash to the Internal Revenue Service.
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Navigating The Investment Minefield A Practical Guide To Avoiding Mistakes Biases And Traps
Authors: H. Kent Baker , Vesa Puttonen
1st Edition
1787690563,1787690539
