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1. What is free cash flow? a. Amount of cash flow remaining after a company makes the asset investments necessary to support operations b. Difference

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1. What is free cash flow? a. Amount of cash flow remaining after a company makes the asset investments necessary to support operations b. Difference between the total market value of a firm and the total amount of investor-supplied capital C. Net operating profit after taxes d. Current assets that are used to support operations, such as cash, inventory, and accounts receivable. 2. At what nominal rate of interest compounded quarterly will money double in 7.5 years? 3. In how many years will $15345 grow to $23375 at 6% compounded semi-annually

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