Cooper Lopez Company expects the following for 2012: Net cash provided by operating activities of $158,000.

Question:

Cooper Lopez Company expects the following for 2012:
• 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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

Question Posted: