Question: When computing the adjusted cash flow from assets the tax amount is calculated as: A. EBT T C. B. (EBT - Depreciation) T C. C.

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

A. EBT TC.
B. (EBT - Depreciation) TC.
C. (EBIT + Depreciation - Change in NWC - Capital spending) TC.
D. EBIT TC.
E. (EBIT - Depreciation - Change in NWC - Capital spending) TC.

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