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0/1 point 7. Depreciation expense is added back to net income in our measure of free cash flow (FCF) because Depreciation expense is a real

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0/1 point 7. Depreciation expense is added back to net income in our measure of free cash flow (FCF) because Depreciation expense is a real cash outflow Depreciation is a non-cash expense O Lowering working capital by subtracting the level of working capital This adjustment is already made in the income statement ! Incorrect

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