Calculate the operating cash flow for the repair shop in the previous problem using all three methods
Question:
(a) Net income plus depreciation;
(b) Cash inflow/ cash outflow analysis;
(c) The depreciation tax shield approach. Confirm that all three approaches result in the same value for cash flow.
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
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