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Based on the following. Net cash flow from operating activities $318,000 Net cash flow used for investing activities (30,000) Net cash flow from financing activities
Based on the following.
Net cash flow from operating activities | $318,000 |
Net cash flow used for investing activities | (30,000) |
Net cash flow from financing activities | 30,000 |
Cash flows from operations include $2,000 for depreciation. Cash flows from investing include the purchase of a replacement asset for $100,000 and the sale of the one used in production, which is now obsolete, for $70,000. Cash flows from financing include $70,000 of borrowing.
What is free cash flow?
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