A company reported the following reconciliation in the MD&A section of its 2020 annual report($ millions)....
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A company reported the following reconciliation in the MD&A section of its 2020 annual report($ millions). Net cash provided by operating activities Development cost of new locations Other property and equipment expenditures Free cash flow $5,645 (2,580) (1,675) $ 1,390 ($ millions) a. What is the GAAP measure included in this reconciliation? b. What is the non-GAAP measure included in this reconciliation? $ A company reported the following reconciliation in the MD&A section of its 2020 annual report($ millions). Net cash provided by operating activities Development cost of new locations Other property and equipment expenditures Free cash flow $5,645 (2,580) (1,675) $ 1,390 ($ millions) a. What is the GAAP measure included in this reconciliation? b. What is the non-GAAP measure included in this reconciliation? $
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Related Book For
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Posted Date:
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