Chartered Financial Analyst Level 2
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An analyst gathers the following information (in € millions) about a company:
- EBIT: 80
- Cash paid for taxes: 17
- Cash paid for interest: 26
- Net operating cash flows: 97
The company classifies its interest expenses as financing cash flows. The ratio of operating cash flow before interest and taxes to EBIT is closest to:
An analyst gathers the following information (in € millions) about a company:
- EBIT: 80
- Cash paid for taxes: 17
- Cash paid for interest: 26
- Net operating cash flows: 97
The company classifies its interest expenses as financing cash flows. The ratio of operating cash flow before interest and taxes to EBIT is closest to:
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