SEND THIS TO AN EXPERT AND PLEASE HELP ME ANSWER THIS QUESTION: Which of the following statements best describes free cash flow?

The excess cash generated by revenues less all operating expenses

The cash flow available for distribution to all investors after the company has made all investments in fixed assets and working capital

necessary to sustain a firm's ongoing operations

Suppose you are the only owner of a chain of coffee shops near universities. Your current caf$$s are doing well, but you are interested in starting a

fine$-$dining restaurant. You decide to use the cash generated from your existing business to enter into a new business. Your accountant provides you

with the following data on your current financial performance:

Financial update as of June $15$

Your existing business generates $$147,000$ in EBIT.

The corporate tax rate applicable to your business is $25\%.$

The depreciation expense reported in the financial statements is $$28,000.$

You don't need to spend any money for new equipment in your existing caf$$s; however, you do need $$22,050$ of additional cash.

You also need to purchase $$11,760$ in additional supplies$-$such as tableclothes and napkins, and more formal tableware$-$on credit.

It is also estimated that your accruals, including taxes and wages payable, will increase by $$7,350.$

Based on your evaluation you have$\_\_\_\_\_\_\_\_\_\_\_\_\_$in free cash flow.

Ig distributing it to stockholders and debtholders. Which of the following is not a use of free