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Free cash flow. In financial accounting, free cash flow ( FCF) or free cash flow to firm ( FCFF) is the amount by which a business's operating cash flow exceeds its working capital needs and expenditures on fixed assets (known as capital expenditures ). [ 1] It is that portion of cash flow that can be extracted from a company and distributed to ...
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The term 'cash flow' is mostly used to describe payments that are expected to happen in the future, are thus uncertain, and therefore need to be forecast with cash flows. A cash flow CF is determined by its time t, nominal amount N, currency CCY, and account A; symbolically, CF = CF (t, N, CCY, A). Cash flows are narrowly interconnected with ...
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The Avro Canada CF-105 Arrow was a delta-winged interceptor aircraft designed and built by Avro Canada. The CF-105 held the promise of Mach 2 speeds at altitudes exceeding 50,000 feet (15,000 m) and was intended to serve as the Royal Canadian Air Force's (RCAF) primary interceptor into the 1960s and beyond. [3]
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