This equation is called the continuity equation for steady one-dimensional flow. For a steady flow through a control ... to be short compared to the time it takes for the velocity to change ...

Changes in working capital are another ... To calculate taxes in OCF, reverse-engineer the following equation: Operating Cash Flow = EBIT + depreciation - taxes (i.e., taxes = OCF - EBIT ...

This represents a $4,000 year-over-year increase, which reduces free cash flow. Here's the capital expenditures formula in action: Capital expenditures (capex) = year-over-year change in long-term ...

Consider how much you are resisting—wanting the situation to be different—on a scale of 1-10. With compassion, calculate your ...