This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: operating activities is also used to determine the free cash flow available to pay off dividend.The free cash flow is calculated by deducting the capital expenditure needed to meet normal growth of business from cash flow from operation. Therefore it can be said that after operating activities, the second important part of cash flow statement form investor’s point of view is the investing activities as the capital expenditure is shown in investing activities section of the statement....
View Full Document
This note was uploaded on 11/21/2011 for the course ACC 230 acc 230 taught by Professor Connie during the Spring '11 term at University of Phoenix.
- Spring '11