Free Cash Flow: Seeing Through the Accounting Fog Machine to Find Great Stocks

Free Cash Flow: Seeing Through the Accounting Fog Machine to Find Great Stocks Christy George C. Wydawca: John Wiley & Sons Inc Data wydania: 2009 ISBN: 9780470391754 Liczba stron: 208 Format: 160 x 238 x 16 Rodzaj oprawy: Hardback Opis produktu: In the not too distant past, GAAP earnings per share was the financial metric of choice of equity investors. Because of increasing problems with accrual accounting, free cash flow has replaced GAAP earnings as the primary financial metric for many professional investors. Free cash flow is defined as operating cash flow minus capital expenditures.