Net cash flow is calculated as:
A) EBIT - tax + depreciation - capital spending - increases in net working capital.
B) EBIT + tax + depreciation - capital spending - increases in net working capital.
C) EBIT - tax - depreciation - capital spending + increases in net working capital.
D) EBIT - tax - depreciation + capital spending - increases in net working capital.
E) EBIT + tax + depreciation - capital spending + increases in net working capital.
Correct Answer:
Verified
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