1.

2.

During 2014, Friendly Industries reported cash provided by operations of $230,000,000, cash used in investing of $343,000,000, and cash used in financing of $45,000,000. In addition, cash spent for fixed assets (capital expenditures) during the period was $138,000,000. Average current liabilities were $325,000,000 and average total liabilities were $858,000,000. No dividends were paid Based on this information, what was Friendly's free cash flow? O ($113,000,000 92,000,000 O ($296,000,000 $480,000,000