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Unformatted text preview: a company after spending the capital needed to maintain or expand its asset base. It is very important because it provides the company with the ability to act in favor of enhancing shareholder value. It is the cash the company will use to develop new products, reduce debt, make acquisitions, pay dividends etc. ( http://www.investopedia.com/terms/f/freecashflow.asp#ixzz1oJhtQFLY )....
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This note was uploaded on 04/06/2012 for the course FINANCE 410 taught by Professor N/a during the Spring '09 term at AIU Online.
- Spring '09
- Cost Of Capital