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Investment Appraisal

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March 21, 2026 at 6:58 pm #725207
Ejueyitsi-Toju
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When calculating the Net Cash Flow; Mr. Moffet used (Operating Flow)- Tax(Operating Flow*30%) + (CA* 30%) = Net Cash Flow. But Some study says it’s wrong. it supposed to be (Operating Flow) – Tax( Operating Flow*(1-30%)) + (CA*30%) = Net Cash Flow. Which one is correct?
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