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# 4. When calculating operating cash flow for a project, one would calculate it as being mathematically equal to which of the following?

4. When calculating operating cash flow for a project, one would calculate it as being mathematically equal to which of the following?

a. EBIT - Taxes + Depreciation

b. EBIT + Depreciation

c. EBIT - Taxes

d. EBIT - Interest - Taxes + Depreciation