What is meant by free cash flow and why do entrepreneurs need to understand this?
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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 defined as Earnings before interest and taxes EBIT Less Tax exposure Plus ...View the full answer
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Related Book For 
New Venture Creation Entrepreneurship for the 21st Century
ISBN: 978-0078029103
9th edition
Authors: Stephen Spinelli, Rob Adams
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