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In performing a cash flow statement discuss why you feel it would be appropriate for an entity to utilize Free Cash Flow (FCF) against when

In performing a cash flow statement discuss why you feel it would be appropriate for an entity to utilize Free Cash Flow (FCF) against when you feel it would be appropriate for an entity to utilize Discounted Cash Flow (DCF) approaches.

Provide two examples of situations in which the use of each method is appropriate.

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