Question: True or false? 1. Depreciation represents not only a loss in value but also a loss in cash flow for the firm. 2. Free cash
True or false?
1. Depreciation represents not only a loss in value but also a loss in cash flow for the firm.
2. Free cash flow is the amount a firm can distribute to shareholders without harming operations
3. As a firm's tax rate increases, its net income will increase
4. Amortization represents a loss in value on tangible assets
5. Depreciation represents a loss in value on intangible assets
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