Question: I'll share what i need to do - Where is the Freedom in Free Cash Flows? For two years, you've held your current role as

I'll share what i need to do - Where is the Freedom in Free Cash Flows? For two years, you've held your current role as a financial analyst in the research department of Excelsior Investments, a portfolio management firm. Still, your previous experience includes working in corporate accounting. As a financial analyst at Excelsior Investment, your role involves analyzing various public companies and recommending to the fund managers whether to buy, sell or hold the stock. You also conduct due diligence advisory research on these companies. Part of your role involves training and mentoring junior analysts working at Excelsior Investments. This week you are continuing with your activity on developing realistic, objective, and unbiased forecasts. In addition to discussing and providing examples of various forecasting techniques, you also want to ensure that your trainees know the conceptual foundation behind the forecasting models being examined. The discussion this week focuses on this aspect. One of your trainees wants to learn more about the meaning of free cash flows. Create a 4-5 minute recorded presentation. The first part of your presentation should explain what free cash flows mean. Your explanation should describe the following: How free cash flows available for debt and equity stakeholders differ from those available for common equity shareholders. Why free cash flows are value-relevant to common equity shareholders. For the second part of your presentation, you should select any publicly listed consumer convenience store and use the latest 10-K or 10-Q to calculate the free cash flows for the firm. Examples of publicly listed consumer convenience stores include Walmart, Kroger, Target, and Dollar General. Your presentation should clearly show the inputs you use for the calculation within the 10-K (not just the numbers you use for the analysis). You should also explain the meaning of the number you calculated. I am selecting Target

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