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one of the ways i like to view this concept is by

One of the ways I like to view this concept is by questioning if you didn't add back the depreciation to compute FCF where FCF = NI + Depreciation- Gross Fixed Asset Expenditures- Changes in Net Operating Working Capital + New Debt, it would be almost the same as paying for Capex projects twice. What do you think about this statement-agree, disagree, comment, why or why not?

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