For any given year the correct relationship between after, Financial Management

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For any given year the correct relationship between after

For any given year, the correct relationship between after tax cash flow (ATCF) and before tax cash flow (BTCF) is:

a) ATCF = BTCF - Depreciation - Interest - Principal - Taxes

b) ATCF = BTCF - Depreciation - Principal - Taxes

c) ATCF = BTCF - Taxes

d) ATCF = BTCF - Depreciation - Taxes

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