Question
Given below is the 2017 cash flow statement for Oak Company: Cash flows from operating activities: Cash receipts form operating activities $ 650,000 Cash payments
Given below is the 2017 cash flow statement for Oak Company: Cash flows from operating activities: Cash receipts form operating activities $ 650,000 Cash payments for operating activities ( 300,000) Net cash provided by operating activities $350,000 Cash flows from investing activities Cash paid for capital expenditures ($160,000) Net cash used by investing activities ( 160,000) Cash flows from financing activities Issuance of common stock $ 30,000 Issuance of notes payable 20,000 Dividends paid (90,000) (40,000) Net increase in cash $150,000
Oaks 2017 free cash flow is:
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