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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Related Book For
Analysis Of Financial Statements
ISBN: 9781118299982
3rd Edition
Authors: Frank J. Fabozzi, Pamela Peterson Drake
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