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Which of the following statement is/are correct? 1. If ROIC > WACC, a firm's growth will decrease a firm's value, which suggests a firm is
Which of the following statement is/are correct?
1. If ROIC > WACC, a firm's growth will decrease a firm's value, which suggests a firm is generating negative FCF
2. FCF is the cash available from operation and ready for distribution to stockholders and debt holders after making necessary investments to support operation
3. Notes payable is part of operating current liability
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