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In order to calculate the value of the company, how do you calculate the FCF? (Highlight your answer) a. FCF= Net Income + Non-Cash Adjustments

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In order to calculate the value of the company, how do you calculate the FCF? (Highlight your answer) a. FCF= Net Income + Non-Cash Adjustments and Changes in Working Capital from CFS - CapexDebt Repayments b. FCF = NOPAT - Tax- Non-Cash Adjustments and Changes in Working Capital C. FCF = NOPAT + Non-Cash Adjustments and Changes in Working Capital from CFS - Capex

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