Laminar flow reactor each other like cards. When analyzing fluids with the same viscosity ("thickness" or "stickiness") but different velocity, fluids are typically characterized into two types of flows: laminar flow and turbulent flow. Compared to turbulent flow, laminar flow tends to have a lower velocity and is generally at a lower Reynolds number. Turbulent flow, on the other hand, is irregular and travels at a higher speed. Therefore the flow velocity of a turbulent flow on one cross section is often assumed to be constant, or "flat". The "non-flat" flow velocity of laminar flow helps explain the mechanism of an LFR. For
Free cash flow to equity Free cash flow to equity In corporate finance, free cash flow to equity (FCFE) is a metric of how much cash can be distributed to the equity shareholders of the company as dividends or stock buybacks—after all expenses, reinvestments, and debt repayments are taken care of. Whereas dividends are the cash flows actually paid to shareholders, the FCFE is the cash flow simply available to shareholders. The FCFE is usually calculated as a part of DCF or LBO modelling and valuation. The FCFE is also called the levered free cash flow. Assuming there is no preferred stock outstanding: where: or