RE:RE:Confused about EBITDA, CF,FCF etc.....this might helpFantome wrote: LOL.....
Reminds me of the old joke where the CEO was interviewing for a new CFO. He had three candidates.
He asked asked each of them "How do you calculate free cashflow?" The first two wrote down the formula and backed it up with an example chart.
The third one responded..."What number do you want sir?"
The third one was hired by the CEO....
FanTome__This Actually is NO JOKE !!__I WAS ""THERE"" MySelf and Got HIRED !!!!
Straight out of school in the early 70's I was Hired on to Hire/Supervise Field Techs who collected DATA which I then Compiled/Used to Produce the ENVIRONMENTAL IMPACT ASSESSMENTs/REPORTs which Our Clients NEEDED to get Their RESOURCE EXTRACTION Projects APPROVED.
Of course I was NEVER TOLD Directly by My Vice President__But IMPLICITLY I UNDERSTOOD that ALL My REPORTS Needed to be ALWAYS Written Up so that Our
Clients WOULD GET their Projects APPROVED.
There has NEVER BEEN an Environmental Assessment Report SUBMITTED to the
Regulatory Agencies which Concluded that the Client's Project should NOT Proceed
SIMPLE as THAT !!!!!!
It was ALWAYS a TRULY Challenging Task to Assemble the Reports while OFTEN SKATING Very CLOSE to the LINE with Regard to KEEPING Your Professional Association STANDARDS ON SIDE.