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13) Kootenay Logging Corporation anticipates cash flows from operating activities of $1.5 million in 2020, it plans on spending $900,000 on capital. They plan on

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13) Kootenay Logging Corporation anticipates cash flows from operating activities of $1.5 million in 2020, it plans on spending $900,000 on capital. They plan on paying a $5 dividend to each of their 60,000 shareholders and a $1.50 dividend to each of their 10,000 preferred shareholders. a) Calculate Kootenay Logging Corporation's free cash flow for 2020. What does the represent? b) Assuming Kootenay Logging Corporation decides to spend $1.2 million on capital and wants to maintain a minimum cash balance of $150,000, will they need to find outside financing? How much

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