Assume an all-equity firm has positive net earnings the, Ask an Expert

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Assume an all-equity firm has positive net earnings. The operating cash flow of this firm:

A) is equal to net income minus depreciation.

B) must be negative.

C) increases when the tax rate decreases.

D) ignores both depreciation and taxes.

E) is unaffected by the depreciation expense.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92335746

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