Free cash flow:
a. is determined by adding the dividends and capital expenditure to the cash flows from operating activities.
b. is the cash flows arising from the acquisition and disposal of non–current assets.
c. relates to significant investing or financing transactions in which no cash is exchanged.
d. is the excess cash a company generates beyond what it needs to invest in productive capacity and pay dividends to stockholders.
d
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The work sheet is prepared
a. after the formal closing entries have been entered into the journal. b. before the preparation of a formal trial balance. c. after the formal adjusting entries have been entered into the journal. d. before the preparation of formal financial statements.
Research by Marriott Hotels indicates that four of the five top factors contributing to customer loyalty come into play during the first 10 minutes of service delivery
Indicate whether the statement is true or false
Wang Co. manufactures and sells a single product that sells for $450 per unit; variable costs are $270 per unit. Annual fixed costs are $800,000. Current sales volume is $4,200,000. Compute the current margin of safety in dollars.
A. $2,200,000. B. $2,000,000. C. $1,560,000. D. $2,460,000. E. $2,895,652.
The task of crafting a company's strategy is typically a job for the company's whole management team, not just a small group of senior executives. True or false? Explain and support your answer.
What will be an ideal response?