Author Question: To find operating cash flow for the business for the year, add depreciation expense to EBIT and then ... (Read 88 times)

notis · **on:** Jul 10, 2018

To find operating cash flow for the business for the year, add depreciation expense to EBIT and then ________.

A) subtract the interest expenses
B) add the taxes
C) subtract the taxes
D) add interest expenses

Question 2

An internal forecast is based on ________.

A) a buildup, or consensus, of sales forecasts through a firm's own sales channels, adjusted for additional factors such as production capabilities
B) the relationships between a firm's sales and certain economic indicators
C) the prediction of a firm's sales over a given period through surveys sent to financial analysts
D) developing the pro forma income statement to forecast sales and then express the various income statement items as percentage of projected sales