1. Describe and explain five steps to calculate free cash flow. 2. Describe the DuPont equation and explain each ratio used in the equation. 3. Explain inventory turnover, days sales outstanding, fixed asset turnover, and total asset turnover. 4. Exp



1. Describe and explain five steps to calculate free cash flow. 2. Describe the DuPont equation and explain each ratio used in the equation. 3. Explain inventory turnover, days sales outstanding, fixed asset turnover, and total asset turnover. 4. Exp