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Does this method yield the correct free cash flows when valuing a company using the WACC approach? Yes or No Sales -cogs including depreciation -sales

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Does this method yield the correct free cash flows when valuing a company using the WACC approach? Yes or No

Sales -cogs including depreciation -sales and general admin exp =EBIT -interest =Pre-tax Income -taxes Net Income +interest +depreciation - capital expenditure -increase in NWC Free Cash Flow

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