What is free cash flow? Why is it important in the acquisition of a firm particularly a highly leveraged firm?
What will be an ideal response?
Essentially, free cash flow are the funds available to pay all claimants on a firm. How much is available to meet the needs of creditors, and various equity holders. One definition of FCF = (EBIT) * (1-t) + depreciation + amortization - changes in capital expenditures - changes in NWC.
Business
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The key to maintaining competitive advantage, according to Dr. W.E. Deming is:
A) being committed to constant improvement. B) being first to market with all products. C) outsourcing key components. D) challenging all market leaders. E) stressing low-price advantage in all areas.
Business
The initial goal of the World Bank was to help finance the reconstruction of Europe
Indicate whether the statement is true or false
Business