If a company has cash flow from operations of ($10) million, capital expenditures of ($2) million, and

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If a company has cash flow from operations of \($10\) million, capital expenditures of \($2\) million, and net borrowings of \($3\) million, its free cash from to equity is closest to:

A. \($5\) million.

B. \($11\) million.

C. \($15\) million.

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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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