Kellogg Company's 1996 annual report disclosed the following financial information: net income ($ 531) million; cash dividends

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Kellogg Company's 1996 annual report disclosed the following financial information: net income \(\$ 531\) million; cash dividends \(\$ 344\) million; net cash provided by operating activities \(\$ 712\) million; and capital expenditures \(\$ 307\) million. Compute Kellogg Company's free cash flow for 1996.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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