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Do you mean the difference between FCFF and FCFE?
Regarding, starting with CFO or NI is the same thing. NI plus non-cash charges (e.g. depreciation, amortization) gets you CFO anyways.
So, the 2 below are same
1. FCFF = CFO + ....
2. FCFF = NI + Non-Cash charges + .... |
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发表于 2011-7-13 16:39
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