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compute the free cash flow please Show Attempt History Current Attempt in Progress The following is a condensed version of the comparative balance sheets for
compute the free cash flow please
Show Attempt History Current Attempt in Progress The following is a condensed version of the comparative balance sheets for Flounder Corporation for the last two years at December Additional information: Investments were sold at a loss of $12,000; no equipment was sold; cash dividends paid were $36,000; and net inco Adjustments to reconcile net income to \begin{tabular}{l} \hline Depreciation Expense \\ \hline Loss on Sale of Investments \\ \hline \end{tabular} Decrease in Accounts Receivable 12,000 Decrease in Current Liabilities (20,400) 18000 Net Cash Provided by Operating Activities 210,000 Cash Flows from Investing Activities Sale of Investments Sale of Investments 14,400 Net Cash Used by Investing Activities (55200) Cash Flows from Financing Activities Payment of Cash Dividends (36,000) Determine Flounder Corporation's free cash flow. (Show amount that decrease cash flow with either a-sign e.g. 15,000 or in paren Free cash flow $ Show Attempt History Current Attempt in Progress The following is a condensed version of the comparative balance sheets for Flounder Corporation for the last two years at December Additional information: Investments were sold at a loss of $12,000; no equipment was sold; cash dividends paid were $36,000; and net inco Adjustments to reconcile net income to \begin{tabular}{l} \hline Depreciation Expense \\ \hline Loss on Sale of Investments \\ \hline \end{tabular} Decrease in Accounts Receivable 12,000 Decrease in Current Liabilities (20,400) 18000 Net Cash Provided by Operating Activities 210,000 Cash Flows from Investing Activities Sale of Investments Sale of Investments 14,400 Net Cash Used by Investing Activities (55200) Cash Flows from Financing Activities Payment of Cash Dividends (36,000) Determine Flounder Corporation's free cash flow. (Show amount that decrease cash flow with either a-sign e.g. 15,000 or in paren Free cash flow $Step by Step Solution
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