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Are the following statements true or false. Can you elaborate on why/why not? 1. All else equal, higher depreciation expenses will result in larger FCF

Are the following statements true or false. Can you elaborate on why/why not?

1. All else equal, higher depreciation expenses will result in larger FCF and lower net income.

2. The specific impact of changes in depreciation expenses on FCF can be discerned by multiplying the incremental depreciation expense by the tax rate.

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