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Free cash flow to equity (FCFE) is defined as _______. net income - (capital expenditures - non cash charges) - increases in non-cash working capital
Free cash flow to equity (FCFE) is defined as _______.
| net income - (capital expenditures - non cash charges) - increases in non-cash working capital + net debt issuance |
| net income- (capital expenditures - non cash charges) - increases in non-cash working capital - net debt issuance |
| (earnings before interest and taxes)*(1-t)- (capital expenditures - non cash charges) - increases in non-cash working capital |
| net income + (interest expense)*(1-t) - (capital expenditures - non cash charges) - increases in non-cash working capital |
| None of the other answers is correct |
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
