Your company builds bookshelves and is considering expanding the business by adding a product line for desks. Your boss needs help to determine whether to invest in the project.

Your boss says they have heard of the "free cash flow" approach but only quickly Googled this. They ask you the following questions for you to answer:

What the three types of expected cash flows are in the "free cash flow" approach? Please list these.

Alongside each type of expected "free cash flow" element, give 1 example of what you may see as an example of that type of cash flow (a total of 3 examples).