Net investment in operating capital is subtracted from net operating profit after taxes to calculate

Here is a more detailed explanation of each option:

• A. Relevant inflows are the cash that a company expects to receive from its operations. These include cash from sales, cash from investments, and cash from loans.
• B. Free cash flow is the amount of cash that a company has available after it has paid for its operating expenses, capital expenditures, and debt service. It is a measure of a company’s financial health and its ability to generate cash.
• C. Relevant outflows are the cash that a company expects to pay out for its operations. These include cash for expenses, cash for capital expenditures, and cash for debt service.
• D. Cash outlay is the amount of cash that a company spends on a particular project or investment.

I hope this helps! Let me know if you have any other questions.