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Which of the following statements is CORRECT? a . Operating cash flow ( OCF ) is defined as follows: OCF = EBIT ( 1 -
Which of the following statements is CORRECT?
a Operating cash flow OCF is defined as follows:
OCFEBIT Depreciation and Amortization.
Free cash flow FCF is defined as follows:
EBIT
Depreciation and Amortization
Capital expenditures required sustain operations
Required changes net operating working capital.
c Free cash flow FCF is defined as follows:
EBIT Depreciation and Amortization Capital expenditures.
d Operating cash flow is the same as free cash flow FCF
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