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3#
发表于 2011-7-11 19:40
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I believe this is from the corporate finance section, calculating projected free cash flow for DCF. Fulloquestions, you are right that it's close to FCFF. In fact, it IS FCFF. Ultimately, what the formula is doing is taking your NI, adding back noncash charges, interest after tax, subtracting NWC changes and CAPEX.
That should answer your question on when to use the formula. |
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