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FIN 402 Investment Fundamentals and Portfolio Management Final Exam Guide
True/False
1.___ ___ The balance sheet shows what assets the firm controls at a point in time and how it financed the assets.
2.___ ___ Free cash flow = Cash flow from operations – Capital expenditures + Disposition of property and equipment.
3.___ ___ The income statement indicates the flow of sales, expenses, and earnings during a period of time.
4.___ ___ Mais