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Kodak company (12/09)(a)

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

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July 9, 2018 at 7:35 am #461372
vinty
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- Topics: 47
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Why “new additions to non current assets” are deducted in calculating FCFE ? I know that capital repayments are deducted in calculating FCFE.please explain it.thanks in advance
July 9, 2018 at 4:11 pm #461424
John Moffat
Keymaster
- Topics: 57
- Replies: 54500
Because if cash is paid out for new non-current assets, then there is less cash available for equity.
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