Which One of the Following Components Is Not a Component

question 46

Multiple Choice

Which one of the following components is not a component of the equity valuation cash flow calculation?

• A) net income
• B) depreciation and amortization expense
• C) change in net operating working capital without surplus cash)
• D) capital expenditures
• E) net equity repurchases

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Definitions:

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, leading to significant changes in society and the economy through the introduction of new technologies and processes.

Technological Revolution

A period of rapid technological change and innovation that significantly alters industries, economies, and societies.

Scientific Revolution

A period of significant advancements and developments in the fields of science during the 16th and 17th centuries, fundamentally changing the understanding of the natural world.

Postindustrial Revolution

A phase of societal development marked by a shift from manufacturing-based economies to service-oriented, information-based economies.