Phil Has Put Together the Worksheet Above with a 5-Year

question 69

Multiple Choice

Phil has put together the worksheet above with a 5-year cash flow estimate for his shoe company. He needs to explain the chart to his investors. Please answer the questions below using this figure as a reference.
-Phil now must add back the depreciation because this is not actually a cash flow. Cell C15 contains the depreciable amount represented as a negative value. In this case, Phil enters the formula ____ in cell C21 and copies it across the row.

• A) =-C15
• B) =C15
• C) =C15-C16
• D) =C15+C16

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Definitions:

Property Tax Purposes

For property tax purposes refers to the valuation and assessment of real estate property to determine the amount of property tax owed to local government entities.

Counteroffer

An offer made in response to another offer, essentially rejecting the original offer and presenting new terms for negotiation.

Market Value

The present cost at which a good or service is available for purchase or sale in a marketplace.

Offer

A proposal by a party to enter into a contract with another party, specifying the terms by which they are willing to engage in a transaction.