Some investors monitor a company's free cash flow and review its cash flow statements ... expenditures. The final step in calculating free cash flow is to deduct capex from operating cash flow ...

The income statement is a financial document that demonstrates the financial performance of a business based on its income and how this has changed over a period of time, usually 12 months.

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.