Free cash flow is often defined as net operating cash flow minus capital expenditures, which, as mentioned previously, are considered obligatory. A steady, consistent generation of free cash flow is a highly favorable investment quality â so make sure to look for a company that shows steady and growing free cash flow numbers. For the sake of conservatism, you can go one step further by expanding what is included in the free cash flow number.
Opera is a very serious art form. Unless, of course, it's not. The opposite of the opera seria is the opera buffa, a comedic opera that was popular in the 18th century.
Puccini's operas Tosca, La Boheme, Turandot, and Madame Butterfly are some of the most often performed operas in the world and are regularly included in opera companies' repertoire. Puccini was born into a musical dynasty that covered nearly two centuries.