Question: Suppose a business borrower projects that it will experience net profits of $35 compared to $27 the previous year, and will record depreciation and other
Suppose a business borrower projects that it will experience net profits of $35 compared to $27 the previous year, and will record depreciation and other noncash expenses of $2.15 this year versus $3.15 last year. What is the relative change in cash flow?
A.+18.84%
B.+23.22%
C.-18.84%
D.-23.22%
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