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Brief Exercise 17-11 a1 The management of Morrow Inc. is trying to decide whether it can increase its dividend. During the current year, it reported
Brief Exercise 17-11 a1 The management of Morrow Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $872,200. It had net cash provided by operating activities of $649,800, paid cash dividends of $77,600, and had capital expenditures of $284,300. (a1) Compute the company's free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow $$
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