Operating Cash Flow is the cash generated through operating activities of the firm. True False QUESTION 2 A decrease in accounts payable reflects a source of cash. True False QUESTION 3 Free Cash Flow to Equity (FCFE) is the cash flow avallable for distribution to the contributors of capital. True False QUESTION 4 We can get OCF from the statement of cash flows. True False The "Net CAPX" term in FCFE and FCFF is the necessary capital spending required for the firm to be competitive net of accumulated depreciation, True False QUESTION 6 It makes logical sense to calculate Ve = FCFEo* (1+g)/(keg) for all firms. True False QUESTION 7 Operating cash flow includes investment in net working capital. True False QUESTION 8 To get the TEV, FCFF should be discounted at the WACC. True False To get the TEV, FCFF should be discounted at the WACC. True False QUESTION 9 Free Cash Flow to the Firm is the cash flow available for distribution to shareholders. True False QUESTION 10 An increase in prepaid expenses is a use of cash. True False