CFO OCF?

CFA Level I
#1

Are they the same? As in FCFE = OCF - net cap ex. + net borrowing?

#2

I think yes - but it is one of the areas where book doesn’t clarify and continues to use these terms interchangeably. Operating cash flow = Cash flow from operations.

#3

thanks. I was assuming they were the same but wanted to make sure. Blah FSA