New Economy
Tuesday, 7/7, 01:37 AM
What Is Free Cash Flow, and Why Do Investors Trust It More Than Profit?
- Reported profit can be shaped by accounting choices.
- Free cash flow tries to answer a blunter question: how much real cash did a business actually generate after paying to keep its assets running?
- Here is what it is, why it commands respect, and where it can still mislead.