A firm’s operating cash flow is defined as
A. gross profit minus operating expenses.
B. gross profit minus depreciation.
C. EBIT – taxes  depreciation.
D. EBIT  depreciation.
Answer:C
A firm’s operating cash flow is defined as
A. gross profit minus operating expenses. B. gross profit minus depreciation. C. EBIT – taxes  depreciation. D. EBIT  depreciation.