Wruck Company reported net cash provided by operating activities of 420,000, net cash used by investing activities

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Wruck Company reported net cash provided by operating activities of £420,000, net cash used by investing activities of £150,000, and net cash provided by financing activities of £80,000. In addition, cash spent for capital assets during the period was £250,000. No dividends were paid. Calculate free cash flow.

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

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

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