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Key Take Aways Financial Accounting Key Takeaways – Session 7Please review formulas for PV. “regular”, PV annuity and PV perpetuities.Also bear in mind FCF (free cash flow) calculation formula (we’ll delve deeper on this after break)EBIT*(1-t) + depreciation – CAPEX – investment in WC.Possible Criteria to be used to choose projectsARR (accounting rate of return.