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CengageNOWv2 | Online teachin X + Om/ilm/takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator &inprogress=false New Tab Free Cash Flow Lovato Motors Inc. has net cash flows from operating activities of

CengageNOWv2 | Online teachin X + Om/ilm/takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator &inprogress=false New Tab Free Cash Flow Lovato Motors Inc. has net cash flows from operating activities of $720,000. Cash flows used for investments in property, plant, and equipment totaled $440,000, of which 85% of this investment was used to replace existing capacity. Determine the free cash flow for Lovato Motors Inc.

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