Nova Electrics anticipated cash flow from operating activities of $6 million in 2011 It will need to spend $1 2 million on capital investments in order to remain competitive within the industry Common stock dividends are projected at $ 4 million and preferred stock dividends at $0 55 million a What is the firms projected free cash flow for the year 2011 b What does the concept of free cash flow represent

Question: Nova Electrics anticipated cash flow from operating activities of $6 million in 2011. It will need to spend $1.2 million on capital investments in order

Nova Electrics anticipated cash flow from operating activities of $6 million in 2011. It will need to spend $1.2 million on capital investments in order to remain competitive within the industry. dividends are projected at $.4 million and preferred stock dividends at $0.55 million.
a. What is the firm’s projected for the year 2011?
b. What does the concept of represent?

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