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Free Cash Flow Activity reported by Los Altos, Inc. Cash flow from operating activities $1,500,000 Capital expenditures 850,000 Current liabilities, beginning of year 300,000 Current
Free Cash Flow
| Activity reported by Los Altos, Inc. | |
|---|---|
| Cash flow from operating activities | $1,500,000 |
| Capital expenditures | 850,000 |
| Current liabilities, beginning of year | 300,000 |
| Current liabilities, end of year | 360,000 |
Using the above data, calculate the free cash flow for Los Altos, Inc.
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Financial Accounting And Reporting
Authors: Mr Barry Elliott, Jamie Elliott
16th Edition
027377817X, 978-0273778172
