Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
14th Edition
ISBN: 9780133507690
Author: Lawrence J. Gitman, Chad J. Zutter
Publisher: PEARSON
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Chapter 4.1, Problem 4.6RQ
Summary Introduction

To discuss: Reason for interest expense exclusion in OCF.

Introduction:

Operating cash flow is the measurement of the amount of cash that a firm generates by its normal business operation, which points to whether the firm can generate the adequate positive cash flow for the maintenance and growth of its operation or it needs any external financing.

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Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)

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