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Choose the statement that is not appropriate 1. EBITDA is the most precise measure for cashflow. 2. Free cash flow is relevant to all capital
Choose the statement that is not appropriate 1. EBITDA is the most precise measure for cashflow. 2. Free cash flow is relevant to all capital providers and is tax adjusted. 3. Increased leverage allows companies to control more assets and increase their ROE. 4. Shareholders will be interested in a company's ROE 5. Many managerial decisions are involved in profit calculation
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