Fcfe.zip Here

At the end of the year, your accountant tells you the shop made in net profit after paying for coffee beans, employee wages, rent, and taxes. 2. The Paper Expense: Depreciation

You paid off of the loan's principal this year (cash leaving your pocket). FCFE.zip

Your [1, 2]. Even though your paper profit (Net Income) was $100,000, $75,000 is the actual amount of pure cash left over that you can safely withdraw to pay yourself a dividend or buy a personal car without hurting the coffee shop's operations [2, 4]. At the end of the year, your accountant