What explains the difference between free cash flow and earnings?
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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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Free cash flow is earnings before aftertax interest minus operating accrual...View the full answer
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Tamondong Riza
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