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Free cash flow represents the cash flow available to management for which type of purposes? A. mandatory B. discretionary C. both D. neither What is

Free cash flow represents the cash flow available to management for which type of purposes?

A. mandatory

B. discretionary

C. both

D. neither

What is the proper basis for valuation, in the balance sheet, of cash equivalents?

A. face amount

B. fair market value

C. net realizable value

D. none of the above

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