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Which statements are correct about free cash flows: 1. When calculating the free cash flows, deprecation lowers the free cash flow 2. From the free

Which statements are correct about free cash flows:

1. When calculating the free cash flows, deprecation lowers the free cash flow

2. From the free cash flows, we subtract reinvestments in the company to maintain operations, and then are left with the cash that can be freely distributed to shareholders?

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