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Damm [24]
2 years ago
14

Free cash flow (FCF) and net income (NI) differ in the following ways:

Business
1 answer:
alexandr402 [8]2 years ago
6 0

Answer:

c.  I, II, and III only

Explanation:

As we know that

Free cash flow = Earnings before Interest and Taxes ×  (1-Tax Rate) + Amortization and Depreciation expense - Change in Net Working Capital -Capital Expenditure

And, the Net income is determined after considering all cash and non cash expenses.

Therefore, I, II and III statements are considered

Hence, the option c is correct

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