Question: Cash flow valuation is based on Select one: a. Cash generated by the business after adding back non-cash items such as depreciation b. The appreciation

Cash flow valuation is based on Select one:

a. Cash generated by the business after adding back non-cash items such as depreciation

b. The appreciation in the cash value of the firms assets over time, less depreciation

c. Both a. and b.

d. Neither a. nor b.

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