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35. During 2017, Ecuyer Industries reported cash provided by operations of $794,000, cash used in investing of $686,000, and cash used in financing of $190,000.
35. During 2017, Ecuyer Industries reported cash provided by operations of $794,000, cash used in investing of $686,000, and cash used in financing of $190,000. In addition, cash spent for fixed assets during the period was $276,000. Average current liabilities were S650,000 and average total liabilities were $1,716,000. No dividends were paid. Based on this information, what was Ecuyer's free cash flow? a. ($144,000) b. $108,000. c. $518,000. d. (604,000)
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