Operating expenses cash flow variable

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Reference no: EM13870729

In the forecast formula for the operating expenses cash flow variable, the net revenue projection for the firm:

a. is multiplied by gross profit as a percentage of net revenue

b. is multiplied by operating expenses as a percentage of net revenue

c. is subtracted from operating expenses as a percentage of net revenue

d. is added to the net revenue growth rate

Reference no: EM13870729

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