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Brief Exercise 17-20 (Part Level Submission) Two companies reported the following information. Company A Company B Profit (loss) $(4,450) $89,000 Cash provided (used) by operating
Brief Exercise 17-20 (Part Level Submission) Two companies reported the following information. Company A Company B Profit (loss) $(4,450) $89,000 Cash provided (used) by operating activities (8,900) 44,500 Cash provided (used) by investing activities (62,300) 26,700 Cash provided (used) by financing activities 106,800 (89,000) (a) Your answer is correct. Calculate free cash flow for each company. (Show amounts that decrease cash f e.g. -15,000 or in parenthesis e.g. (15,000).) Free cash flow
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