Assignment 2: Case Analysis Advanced Financial Analysis Computer Analytic Technology Systems (CATS) Corporation is a manufacturer of computer components. CATS had recently doubled its plant capacity, opened new sales offices outside its home territory, and launched an expensive advertising campaign. You have been hired as a consultant and have been asked to answer each question below. Be sure to show all calculations and state any assumptions that you make (though I am not sure you need to make any). Financial statements and other miscellaneous data are provided below.

E) What is free cash flow? Why is it important? What are the five uses of FCF?