3.) Explain free cash flow (FCF) and why it is important. What are FCF five uses?

Jenny Cochrait, s graduate of The Univarsity of Tennesses with 4 years of axperience as an equities analyst, was racently brought in as assistant to the chairman of the board of Computron Industries, a manufacturer of computer components. During the propious year, Computron had doubled lts plant capacity, opaned now sales ofmees outside fts home tervitory. and launched an expensive advertisizg campsign. Cochran was assigned to evaluate the impact of the changes. She began by gathering financial statements and other data. graduate with four years of exjerience as an eguities analyst, Cochran currently assists the chairman of the board of Computron lndustries, a manufacturar of computer components. During the previous year, Computron lat doubled its plan capacity, opened new sales offices outside its home territory, and launched an expensive advertising campaign. Cochran was assigned to evgluate the ingact of the changes. She hegan by gathering the Jenny Cochrait, s graduate of The Univarsity of Tennesses with 4 years of axperience as an equities analyst, was racently brought in as assistant to the chairman of the board of Computron Industries, a manufacturer of computer components. During the propious year, Computron had doubled lts plant capacity, opaned now sales ofmees outside fts home tervitory. and launched an expensive advertisizg campsign. Cochran was assigned to evaluate the impact of the changes. She began by gathering financial statements and other data. graduate with four years of exjerience as an eguities analyst, Cochran currently assists the chairman of the board of Computron lndustries, a manufacturar of computer components. During the previous year, Computron lat doubled its plan capacity, opened new sales offices outside its home territory, and launched an expensive advertising campaign. Cochran was assigned to evgluate the ingact of the changes. She hegan by gathering the