After years of negative free cash flow, General Electric reported a positive free cash flow of $7,386 million in 2003 Look back at GE 's cash flows displayed in Exhibit 4 2 Would you interpret the 2003 free cash flow as good news ...

Not necessarily Cash flow from operations increased ...

After years of negative free cash flow, General Electric reported a positive free cash flow of $7,386

Question:

After years of negative General Electric reported a positive of $7,386 million in 2003. Look back at GE's cash flows displayed in Exhibit 4.2. Would you interpret the 2003 as good news?

Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...