Free cash flow is

A) all cash in the bank
B) cash from operations
C) cash from financing less cash used to purchase fixed assets to maintain productive capacity and cash used for dividends
D) cash flow from operations less cash used to purchase fixed assets to maintain productive capacity

Free Cash Flow

The cash that a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Financing Activities

Transactions that involve raising funds for the company through borrowing or issuing equity.

Productive Capacity

The maximum output a system can produce over a specific period under normal conditions.