Free cash flow is cash from operations less cash used for

A) investments in PP&E needed to maintain current operations
B) dividends and cash to redeem bonds payable
C) investments in PP&E needed to achieve desired future operations
D) fixed assets needed to maintain current operations and cash to redeem bonds payable

Free Cash Flow

The amount of cash a company generates after accounting for capital expenditures, indicating the financial health and liquidity of a company.

Operations

The day-to-day activities necessary for a business to function, including production, sales, and administration.

PP&E

Property, Plant, and Equipment - tangible long-lived assets used in the normal course of business to produce goods and services.