A company that has cash flow from operations of ($100) million, free cash flow of ($120) million,
Question:
A company that has cash flow from operations of \($100\) million, free cash flow of \($120\) million, and net borrowings of \($20\) million has capital expenditures closest to:
A. $0.
B. \($20\) million.
C. \($40\) million.
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Related Book For 
Analysis Of Financial Statements
ISBN: 9781118299982
3rd Edition
Authors: Frank J. Fabozzi, Pamela Peterson Drake
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