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Which of the following items is always excluded when calculating enterprise free cash flow? a. Depreciation and amortization. b. Gross plant and equipment spending. c.

Which of the following items is always excluded when calculating enterprise free cash flow?

	a.	Depreciation and amortization.
	b.	Gross plant and equipment spending.
	c.	Operating income.
	d.	Principal repayments.
	e.	The change in working capital.

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