Question: True or False 1) Free cash flow actually available for payments to all stockholders and bondholders after the company has met all operating needs and

True or False

1) Free cash flow actually available for payments to all stockholders and bondholders after the company has met all operating needs and paid for net investments in fixed assets and current assets.

True or False

2) After subtracting the minimum cash balance, if the cash budget of a firm shows the excess cash balance for the current month, the firm should invest in long-term fixed assets.

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