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Free Cash Flow

By: George C. Christy (Author)

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Ksh 9,800.00

Format: Hardback or Cased Book

ISBN-13: 9780470391754

Publisher: John Wiley & Sons Inc

Publication Date: Mar 10th, 2009

Weight: 418 grams

Dimension: 16.00 x 23.80 x 1.60 cms

Category: Investment & securities

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In the not too distant past, GAAP earnings per share was the financial metric of choice of equity investors. Because of increasing problems with accrual accounting, free cash flow has replaced GAAP earnings as the primary financial metric for many professional investors. Free cash flow is defined as operating cash flow minus capital expenditures.

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