What is a measure of operating cash flow available for corporate purposes after providing sufficient fixed asset additions to maintain current productive capacity and dividends?

Question

Quizplus · Accepted Answer

The measure described is the definition of free cash flow, which is the cash generated by a company's operations that is available for reinvestment in the business, payment of dividends, or reduction of debt. It is calculated as operating cash flow minus capital expenditures for fixed assets.

What Is a Measure of Operating Cash Flow Available for Corporate