Cooper Lopez Company expects the following for 2012: Net cash provided by operating activities of $158,000.
Question:
• Net cash provided by operating activities of $158,000.
• Net cash provided by financing activities of $60,000.
• Net cash used for investing activities of $80,000 (no sales of long-term assets).
• Cash dividends paid to shareholders was $10,000.
Requirement
1. How much free cash flow does Lopez expect for 2012?
Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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