Solved: Difference between nopat and net income, Accounting Basics

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Difference between nopat and net income

I am looking for a detailed responses in essay form to better understand the subject matter.

Question 1) In your own words, please explain the difference between NOPAT and net income? Which is a better measure of the performance of a firm's operations?

Question 2) In your words, What is free cash flow (FCF)?

Why is free cash flow (FCF) the most important measure of cash flow?

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Accounting Basics: Difference between nopat and net income

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Accounting Basics: Difference between nopat and net income

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