11. Free cash flow provides an indication of a companys abil- (SO 4) ity to: a. generate...

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11. Free cash flow provides an indication of a company’s abil- (SO 4)

ity to:

a. generate net income.

b. generate cash to pay dividends.

c. generate cash to invest in new capital expenditures.

d. both

(b) and (c).

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Financial Accounting

ISBN: 9780470128848

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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