Question
Online retailer Amazon has higher Free Cash Flow (Operating Cash Flow Capital Expenditures) as a percentage of sales than brick and mortar retailer Whole Foods
Online retailer Amazon has higher Free Cash Flow (Operating Cash Flow Capital Expenditures) as a percentage of sales than brick and mortar retailer Whole Foods due to:
A. Lower capital expenditures as a percent of sales due to no physical stores at online retailers
B. Higher inventory amounts held to stock brick and mortar retailers which are a use of cash
C. Both
D. Neither
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Multinational Finance
Authors: Kirt C. Butler
3rd Edition
0324177453, 978-0324177459
