Question
Clayborn Corporation's net cash provided by operating activities was $121,000; its net income was $104,000; its income taxes were $47,300; its capital expenditures were $99,000;
Clayborn Corporation's net cash provided by operating activities was $121,000; its net income was $104,000; its income taxes were $47,300; its capital expenditures were $99,000; and its cash dividends were $28,800.
Required:
Determine the company's free cash flow. (Negative amounts should be indicated by a minus sign.)
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Product Costing Concepts And Applications
Authors: Ralph S. Polimeni
3rd Edition
0072390840, 978-0072390841
