The operating cash flow for a project should exclude which one of the following?
A) Taxes
B) Variable costs
C) Fixed costs
D) Interest expense
E) Depreciation tax shield

Question

Quizplus · Accepted Answer

Operating cash flow should exclude interest expense because it relates to financing activities rather than operating activities. It should include taxes, variable costs, fixed costs, and depreciation tax shield.

The Operating Cash Flow for a Project Should Exclude Which