Question
I have to calculate the free cash flow for under Armour: The formula is Operating cash flow - Capital expenditure. Year 2016 2015 2014 Net
I have to calculate the free cash flow for under Armour:
The formula is Operating cash flow - Capital expenditure.
Year 2016 2015 2014
Net Cash provided by (used in ) operating activities 304,487 (44,104) 219,033
-316458 -298928 -140528
Purchase of property and equipment -70288
Purchase of property and equipment from related parties 0 -539460 -10924
Purchase of business, net of cash acquires -24230 -103144
Purchase of available for sale securites 30712 96610
Purchase of other assets -875 -2553 -860
Net cash used for investing -381139 -874475 -152312
Should I take the net cash (cash Flow) 304487 - 381139 (net cash used for investing) = -76652 or
304487 - (386746) = -82259.
Can you help me figure it out what is the correct number to used
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