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5 February, 08:06

Which of these components does a business exclude from its net income under "operating surplus"?

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  1. 5 February, 08:25
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    Depreciation

    non-cash charges

    interest on loan

    taxes

    Explanation:

    This is according standard proforma for preparing cash flow statement, interest and taxes are later brought back into the computation for instance interest relates to financing activities while actual tax paid is deducted before arriving at cash generated from operations
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