Question 11 (9.1 points) Which of the following statements is NOT true? Free cash flow does not incorporate accrual aspects of value added, and it is a partially liquidation concept. O Pandora company has negative free cash flows but strong earnings that yield a return on equity of 30%. It is highly possible that the company is wasting cash on unproductive activities. Free cash flow would be a measure of value from operations if cash receipts were matched in the same period with cash investment that generated them. The difference between cash flow from operations and earnings is explained by net (after-tax) interest payments and the total accruals in earnings