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Which of the following statements is not true? a. Depreciation increases the cash flow of the firm. b. All of THESE are true c. Repurchase

Which of the following statements is not true?

a. Depreciation increases the cash flow of the firm.

b. All of THESE are true

c. Repurchase of own company share increases the cash flow to shareholders.

d. Retirement of long term bonds increases the cash flow to bondholders.

e. Additions to net working capital decrease the cash flow of the firm

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