A firm with no financial assets or financial obligations generated free cash flow of $8.4 million in
Question:
a. What was the rate of return from investing in the stock of this firm for 2009?
b. What were the earnings for this firm for 2009?
Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...
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