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Free Cash Flow The following information is from the financial statements of Smith & Sons. Cash flow from operating activities $3,000,000 Capital expenditures 1,700,000 Current
Free Cash Flow The following information is from the financial statements of Smith & Sons.
| Cash flow from operating activities | $3,000,000 |
| Capital expenditures | 1,700,000 |
| Current liabilities, beginning of year | 600,000 |
| Current liabilities, end of year | 720,000 |
Calculate the free cash flow for Smith & Sons.
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