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    Corporate Finance Study Set 2
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    Exam 9: Using Discounted Cash-Flow Analysis to Make Investment Decisions
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    Adding Depreciation Expense to Net Profit Equals
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Adding Depreciation Expense to Net Profit Equals

Question 18

Question 18

Multiple Choice

Adding depreciation expense to net profit equals:


A) Profit before tax
B) Total revenues
C) The depreciation tax shield
D) cash flows from operations

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