DCF Definition

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DCF is Discounted Cash Flow.

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CASH FLOW is earnings before depreciation and amortization. Cash flow is calculated as the difference between cash inflows and outflows. Cash flow can be derived from Operating Profit by adjusting for items which do not affect payments (e.g. depreciation) and items (e.g. changes in working capital) which affect payments but are not recorded in Operating Profit.

CONGLOMERATE is a group of diverse companies under common ownership and run as a single organization.

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