= (c) With depreciation and amortisation down in absolute value, we can conclude that the company is

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(c) With depreciation and amortisation down in absolute value, we can conclude that the company is not overinvesting in fixed assets.

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Corporate Finance Theory And Practice

ISBN: 9781118849330

4th Edition

Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi

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