Question: a ) Looking at the equation in part c , which of the following is true? a . Operating activities during the year are equal

a) Looking at the equation in part c, which of the following is true?
a. Operating activities during the year are equal to nonoperating activities.
b. Free cash flow is used to pay interest and dividends as well as repay debt.
c. Dividends increase with NOPAT.
d. Both 1 and 2 are true.

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