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  2. Topic
    Business
  3. Study Set
    Mergers Acquisitions
  4. Exam
    Exam 9: Applying Financial Models to Value, structure, and Negotiate Mergers and Acquisitions
  5. Question
    In Order to Normalize the Historical Data of the Target
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In Order to Normalize the Historical Data of the Target

Question 91

Question 91

True/False

In order to normalize the historical data of the target firm,it may be necessary to subtract large increases in
reserves and add back large decreases in reserves from cash flow.

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