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QUESTION 9 Which of the following ARE correct? MULTIPLE ANSWERS MAY BE CORRECT CHOOSE ALL THAT APPLY a. FCF1 to FCFt-1 are equal to operating

QUESTION 9

Which of the following ARE correct? MULTIPLE ANSWERS MAY BE CORRECT CHOOSE ALL THAT APPLY

a. FCF1 to FCFt-1 are equal to operating cash flows, where OCF = EBIT(1-T)+Deprecation

b. The change in NOWC = change in current assets change in current liabilities

c. The change in NOWC = current assets current liabilities

d. FCFt = OCF

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