Question
Clayborn Corporation's net cash provided by operating activities was $122,100; its net income was $107,100; its income taxes were $44,700; its capital expenditures were $93,600;
Clayborn Corporation's net cash provided by operating activities was $122,100; its net income was $107,100; its income taxes were $44,700; its capital expenditures were $93,600; and its cash dividends were $29,400.
Required:
Determine the company's free cash flow. (Negative amounts should be indicated by a minus sign.)
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Financial Accounting An Introduction
Authors: Jacqui Kew, Alex Watson
4th Edition
0199046484, 978-0199046485
