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Please answer both parts thank you ! Identifying Non-GAAP and GAAP Measures A company reported the following reconciliation in the MD&A section of its 2020
Please answer both parts thank you !
Identifying Non-GAAP and GAAP Measures A company reported the following reconciliation in the MD&A section of its 2020 annual report($ millions). Net cash provided by operating activities $3,161 Development cost of new locations (1,445) Other property and equipment expenditures (938) Free cash flow $ 778 ($ millions) a. What is the GAAP measure included in this reconciliation? $ X b. What is the non-GAAP measure included in this reconciliation? $ XStep by Step Solution
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