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4. Free cash flow is cash flow from operations less cash used for a. investments in PP&E needed to maintain current production b. dividends and

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4. Free cash flow is cash flow from operations less cash used for a. investments in PP&E needed to maintain current production b. dividends and cash to redeem bonds payable c. investments in PP&E needed to achieve desired future production d. fixed assets needed to maintain productivity and cash to redeem bonds payable 5. On the statement of cash flows, the Cash flows from operating activities section would include a. receipts from the issuance of capital stock b. receipts from the sale of investments c. payments for the acquisition of investments d. cash receipts from sales activities . A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be re reported on the statement of cash flows in a. a separate schedule b. the Cash flows from financing activities section c. the Cash flows from investing activities section d. the Cash flows from operating activities section Zenith Corporation sells some of its used store fixtures. The acquisition cost of the fixtures is $12,500, and the accumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold for $5,300. The value of this transaction in the investing section of the statement of cash flows is a. $12,500 b. $5,300 c. $2,750 d. $2,550 depsecihoion of

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