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    Corporate Finance Study Set 5
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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 41

Question 41

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.

Correct Answer:

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