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During 2017, Kingbird, Inc. reported cash provided by operations of $905000, cash used in investing of $782000, and cash used in financing of $217000. In
During 2017, Kingbird, Inc. reported cash provided by operations of $905000, cash used in investing of $782000, and cash used in financing of $217000. In addition, cash spent for fixed assets during the period was $315000. Average current liabilities were $741000 and average total liabilities were $1956000. No dividends were paid. Based on this information, what was Kingbird free cash flow? $590000. $-689000. $164000. $123000
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