How do we adjust for depreciation when we calculate incremental after-tax free cash flow from EBITDA

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

An essential element of being receptive to messages is to have an open mind true or false

You cannot make copies of media, even as a personal backup, without violating copyright. true