Question: QUESTION 13 Which expense is ignored when calculating operating cashflows (ANOCF)? depreciation since it is not a cash expense operating expenses, since they decrease the
QUESTION 13 Which expense is ignored when calculating operating cashflows (ANOCF)? depreciation since it is not a cash expense operating expenses, since they decrease the benefit from the project Interest expense, since it is a financing expense cost of goods sold, since it determines the firm's gross margin
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