Free Cash Flow - Seeing Through the Accounting Fog Machine to Find Great Stocks - Hardback - 2009

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.
Year of publication: 2009
Pagination: 182 pages, Illustrations
Format: Hardback
Serie: Wiley Finance Series