eBook Free cash flow Show Me How Dillin Inc. reported the following on the company's statement of cash flows in 20Y2 and 20Y1: Free cash flow $ 20Y2 Net cash flows from operating activities $520,000 Net cash flowa used for

investing activities (432,000) Net cash flows used for financing activities (42,000) Of the net cash flows used for investing activities, 60% was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. 20Y2 20Y1 20Y1 Print Item $485,000 (394,000) (58,800) b. Has Dillin's free cash flow improved or declined from 20Y1 to 20Y2? 4 Pre

Dillin Inc. reported the following on the company's statement of cash flows in 20 Y2 and 20Y1: Of the net cash flows used for investing activities, 60% was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. b. Has Dillin's free cash flow improved or declined from 20Y1 to 20Y2