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Hinck Corporation reported net cash provided by operating activities of $360,000, net cash used by investing activities of $250,000 (including cash spent for capital assets
Hinck Corporation reported net cash provided by operating activities of $360,000, net cash used by investing activities of $250,000 (including cash spent for capital assets of $200,000), and net cash provided by fi nancing activities of $70,000. Dividends of $140,000 were paid. Calculate free cash flow
BE17-9 Hinck Corporation reported net cash provided by operating activities of $360,000, net cash used by investing activities of $250,000 (including cash spent for capital assets of $200,000), and net cash provided by financing activities of $70,000. Dividends of $140,000 were paid. Calculate free cash flowStep by Step Solution
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