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.
(b Martina Franca, Taranto, 28 Oct 1732; d Martina Franca, 11 Jan 1813). Italian soprano castrato and composer. His early musical training from his father, Fortunato (a notary and church singer), was followed when he was 19 by study with Gregorio Sciroli in Naples (thus his nickname). He made his dÃ©but in Sciroli's Il barone deluso (1752, Rome).