Compute the FCF for a company with net cash provided by operating activities of $200,000, capital expenditures of $70,000, and dividends paid of $40,000. Discuss how FCF is used in assessing a company's financial health and its ability to generate cash flows available for discretionary spending. Analyze the impact of changes in operating cash flows, capital expenditures, and dividend payments on FCF. Consider the strategic implications of FCF for investment decisions, debt management, and shareholder returns. Discuss the importance of FCF in equity valuation and its relevance to investors and analysts. Explain how FCF differs from other cash flow metrics, such as net cash provided by operating activities and free cash flow to equity (FCFE). Discuss the role of FCF in financial planning and performance evaluation, and how it can be used to support long-term financial stability and growth.