When computing the adjusted cash flow from assets, the tax amount is calculated as:

Question $11$ options:

EBT$($TC$).$

$($EBIT $+$ Depreciation $$ Change in NWC $$ Capital spending$)($TC$).$

EBIT$($TC$).$

$($EBT $$ Depreciation$)($TC$).$

$($EBIT $$ Depreciation $$ Change in NWC $$ Capital spending$)($TC$).$