The Executive Team at Midas Muffler and Brake Decides to Publish

Multiple Choice

The executive team at Midas Muffler and Brake decides to publish a statement of its available cash that subtracts from the cash, the planned investments in new shops and new technology. The statement can best be labeled a measure of

A) pro-forma earnings
B) free cash flow.
C) EBITDA (earnings before interest, taxes, depreciation, and amortization.
D) EVA (economic value added)