A company reported the following reconciliation in the MD&A section of its 2020 annual report($ millions)....
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A company reported the following reconciliation in the MD&A section of its 2020 annual report($ millions). Net cash provided by operating activities $565 Development cost of new locations (258) Other property and equipment expenditures (168) Free cash flow $ 139 ($ millions) $ a. What is the GAAP measure included in this reconciliation? b. What is the non-GAAP measure included in this reconciliation? 3,161 x 778 x A company reported the following reconciliation in the MD&A section of its 2020 annual report($ millions). Net cash provided by operating activities $565 Development cost of new locations (258) Other property and equipment expenditures (168) Free cash flow $ 139 ($ millions) $ a. What is the GAAP measure included in this reconciliation? b. What is the non-GAAP measure included in this reconciliation? 3,161 x 778 x
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1390 b 5645 Explanation GAAP measures include irregul... View the full answer
Related Book For
Intermediate Accounting IFRS
ISBN: 9781119607519
4th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Posted Date:
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