The tax-shield approach for calculating project operating cash ﬂow does not require you to add
back noncash deductions such as depreciation.

Name: The tax-shield approach for calculating project operating cash ﬂow does not require you to add back noncash deductions such as depreciation.
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Question

Quizplus · Accepted Answer

The tax-shield approach specifically involves adding back noncash deductions like depreciation to calculate the tax shield, which is a key component of operating cash flow.

The Tax-Shield Approach for Calculating Project Operating Cash ﬂOw Does