Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 2012 and 20Y1: 20Y2 20Y1 Net cash flow from operating activities $472,400 $454,000 Net cash flow used for investing activities (428,000) (375,000) (42,000) (60,000) Net cash flow used for financing activities Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. Free cash flow 20Y2 2,400 X 20Y1 19,000 X b. Has Dillin's free cash flow improved or declined from 20Y1 to 20Y2? Declined Feedback Check My Work (Cash flows from operating activities - cash used to purchase property, plant, and equipment) / Sales to obtain the ratio. This ratio measures the operating cash flow available to a company after it purchases the property, plant, and equipment necessary to maintain its current operations. Positive free cash flow is considered favorable.