Which of the following is true for free cash flow? I. Free cash flow is easier to
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Question:
Which of the following is true for free cash flow?
I. Free cash flow is easier to calculate than operating cash flow. II. Estimated capital expenditures are subtracted from operating cash flow. III. Estimated capital expenditures are added to operating cash flow. IV. A negative free cash flow indicates that the company needs additional financing.
- Il and IV I, I
- I, and
- III I and III
- III and IV
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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