Which of the following statements about the free cash flows is correct? i. When calculating the free
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Question:
Which of the following statements about the free cash flows is correct?
i. When calculating the free cash flows, depreciation lowers the free cash flows.
ii. From the free cash flows, we subtract reinvestments in the company to maintain operations, and then are left with the cash that can be freely distributed to shareholders
Select one: a. Only i is correct
b. Only ii is correct
c. Both statements are correct
d. Both statements are false
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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