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Holmes, Inc. expects net cash flow from operating activities to be $110,000, and the company plans purchases of equipment of $79,000 and repurchases of stock
Holmes, Inc. expects net cash flow from operating activities to be $110,000, and the company plans purchases of equipment of $79,000 and repurchases of stock of $24,000. What is Holmes' free cash flow? OA. $110,000 OB. $31,000 O c. $7,000 D. $79,000
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