Free cash flow provides an indication of a companys ability to: (a) generate net income. (b) generate

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Free cash flow provides an indication of a company’s ability to:

(a) generate net income.

(b) generate cash to pay dividends.

(c) generate cash to invest in new capital expenditures.

(d) Both (b) and (c).

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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