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Nevertheless, cost-free funds movement isn't a evaluate of financial efficiency or liquidity under GAAP. Accordingly, free hard cash stream shouldn't be considered an alternative choice to Web income or money flow from working functions as an indicator of working overall performance or liquidity. The desk down below offers a reconciliation in between Internet dollars provided by operating things to do and totally free funds move.
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We believe that this metric is beneficial in examining the performance of our decisions on premiums, time utilization and blend, especially because they support the creation of shareholder benefit.
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