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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
12.3Â Â Â Â Â MEASURING VALUE-RELEVANT FREE CASH FLOWS. The chapter describes free cash flows for common equity shareholders. If the firm borrows cash by issu- ing debt, how does that transaction affect free cash flows for common equity shareholders in that period? If the firm uses cash to repay debt, how does that transaction affect free cash flows for common equity shareholders in that period?
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