Question
Clayborn Corporation's net cash provided by operating activities was $122,100; its net income was $108,100; its income taxes were $45,200; its capital expenditures were $98,100;
Clayborn Corporation's net cash provided by operating activities was $122,100; its net income was $108,100; its income taxes were $45,200; its capital expenditures were $98,100; and its cash dividends were $29,700.
Required:
Determine the company's free cash flow. (Negative amounts should be indicated by a minus sign.)
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International Public Financial Management Essentials Of Public Sector Accounting
Authors: Gary Bandy
1st Edition
081535634X, 978-0815356349
