Frее Cаsh Flow: Sееing Through thе Accounting Fog Mаchinе to Find Grеаt Stocks (Wilеy Finаncе)
Publisher: Wilеy
Number of Pages: 181
Published: 2009-02-09
List price: $49.95
The purpose of this book is to explain Free Cash Flow and how to use it to increase investor return. The author explains the differences between Free Cash Flow and GAAP earnings and lays out the disadvantages of GAAP EPS as well as the advantages of Free Cash Flow. After taking the reader step-by-step through the author’s Free Cash Flow statement, the book illustrates with formulas how each of the four deployments of Free Cash Flow can enhance or diminish shareholder return. The book applies the conceptual building blocks of Free Cash Flow and investor return to an actual company: McDona...