NO.PZ2023081403000058
问题如下:
Q. Which of the following is an appropriate method of computing free cash flow to the firm?选项:
A.Add operating cash flows to capital expenditures and deduct after-tax interest payments. B.Add operating cash flows to after-tax interest payments and deduct capital expenditures. C.Deduct both after-tax interest payments and capital expenditures from operating cash flows.解释:
B is correct. Free cash flow to the firm can be computed as operating cash flows plus after-tax interest expense less capital expenditures.
这里的capital expenditures是什么