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During 2022, Sheridan Company reported cash provided by operations of $667000, cash used in investing of $576000, and cash used in financing of $160000.
During 2022, Sheridan Company reported cash provided by operations of $667000, cash used in investing of $576000, and cash used in financing of $160000. In addition, cash spent on fixed assets during the period was $232000. Average current liabilities were $546000 and average total liabilities were $1441000. No dividends were paid. Based on this information, what was Sheridan free cash flow? O $435000. ($507000). O $91000. O ($121000).
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