Free Cash Flow Is Flow Cash from Operations Less Cash

question 59

Multiple Choice

Free cash flow is flow cash from operations less cash used for

• A) investments in PP&E needed to maintain current production
• B) dividends and cash to redeem bonds payable
• C) investments in PP&E needed to achieve desired future production
• D) fixed assets needed to maintain productivity and cash to redeem bonds payable

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Definitions:

FMVSS-121 Compliant

FMVSS-121 compliant means adhering to the Federal Motor Vehicle Safety Standard 121, relating to air brake systems in heavy vehicles.

Air Reservoirs

Tanks used in automotive and industrial applications to store compressed air, providing a supply for various functions such as braking.

Dump Valve

A valve designed to quickly release pressure, fluids, or gases from a system, used in various applications including turbo engines.

Brake Feel

The feedback or sensation that a driver perceives from the brake system when applying the brakes, including pedal firmness and responsiveness.