单选题
The RR Corporation had cash flow from operations of $ 20 million. RR
purchased $ 5 million in equipment and sold $ 3 million of equipment during the
period. Cash flows from financing were $ 2 million. What is RR' s free cash flow
for the period?
A. $18.
B. $22.
C. $20.
【正确答案】
A
【答案解析】Free cash flow (FCF) is generally defined as cash flow from operations (CFO) less net capital expenditures = 20-5 + 3 = $18.