Burkenfelt Inc. reported the following on the company??s statement of cash flows in 2012 and 2011: a.

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Burkenfelt Inc. reported the following on the company??s statement of cash flows in 2012 and 2011:

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a. Determine Burkenfelt??s free cash flow. b. Has Burkenfelt??s free cash flow improved or declined from 2011 to2012?

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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Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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