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Author Question: In terms of how free cash flow (FCF) is used, FCF is equal to after-tax operating profit minus the ... (Read 82 times)

knightj

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on: Aug 7, 2023

Question 1

If some marketable securities mature very soon and can be converted quickly into cash at prices close to their book values, they are regarded as “cash equivalents” and are included with cash.

◦ true
◦ false

Question 2

In terms of how free cash flow (FCF) is used, FCF is equal to after-tax operating profit minus the amount of new expenditures necessary to sustain the business.

◦ true
◦ false
Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by knightj on Aug 7, 2023

viper01

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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knightj

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Reply 2 on: Aug 7, 2023
Wow, this really help

blakcmamba

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Reply 3 on: Yesterday
Excellent

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