NO.PZ2018103102000117
问题如下：
Matt is representing two statements regarding the free cash flow.
Statement 1: The payment of dividends and share repurchases do not affect free cash flow.
Statement 2: Changes in leverage would affect free cash flow to equity.
How many statements are incorrect?
选项：
A.Two
B.One
C.None
解释：
C is correct.
考点：Computing FCFF From Different Accounting Items
解析：公司和股东之间的交易，例如：现金股利，股份回购，发行股票等等都不会对自由现金流产生（FCFF&FCFE）影响。但是，公司杠杆的变化会对股东自由现金流产生影响。
The payment of dividends and share repurchases do not affect free cash flow
这里的FCF没有指出是FCFE还是FCFF，如果是针对FCFF，发放股利和回购应该是没有影响的?
