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Find why do subtract depreciation in calculation of ebiat

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Reference no: EM132570919

Question 1: Why do we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flow formula?

Reference no: EM132570919

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Find why do subtract depreciation in calculation of ebiat : Find Why do we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flow formula?
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