Respuesta :
The catering's 2013 ebit $11.59 million with free cash flow catering corp. reported free cash flows for 2013 of $8 million and investment in operating capital of $2 million.
What is free cash flow?
The amount by which a company's operating cash flow exceeds its demands for working capital and expenditures for fixed assets is known in corporate finance as free cash flow or free cash flow to the firm. The cash a firm generates after deducting cash outflows for operating expenses and capital asset maintenance is known as free cash flow (FCF). The amount of cash available to a corporation after covering its operating expenses is known as free cash flow. Subtracting capital expenditures from operational cash flow yields the free cash flow calculation in the simplest form. FCF, a widely used indicator of a company's financial success, shows how much cash is left over after covering ongoing operational costs and capital expenditures.
To learn more about free cash flow, visit:
https://brainly.com/question/17406590
#SPJ4
