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Holmes, Inc. expects net cash flow from operating activities to be $160,000, and the company plans purchases of equipment of $83,000 and repurchases of stock

Holmes, Inc. expects net cash flow from operating activities to be $160,000, and the company plans purchases of equipment of $83,000 and repurchases of stock of $24,000 What is Holmes's free cash flow? A. $53,000 B. $160,000 C. $77,000 D. 83,00

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