Question
During 2025, Blossom industries reported cash provided by operations of $937000, cash used in investing of $809000, and cash used in financing of $224000. In
During 2025, Blossom industries reported cash provided by operations of $937000, cash used in investing of $809000, and cash used in financing of $224000. In addition, cash spent on plant assets during the period was $326000. Average current liabilities were $767000 and average total liabilities were $2025000. No dividends were paid. Based on this information, what was Blossom's free cash flow?
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
