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look at the bottom picture. what is the free cash flow? Teal Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was
look at the bottom picture. what is the free cash flow?
Teal Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $17,800. Dividends declared and paid were $16,900. 2. Equipment which cost $10,100 and had accumulated depreciation of $1,300 was sold for $3,500. 3. No noncash investing and financing activities occurred during 2025. 4. Bonds were retired at their carrying value. Compute free cash flow. (Show a negative free cash flow with either a - sign e.g. 15,000 or in parenthesis eg. (15,000) ).) Free cash flow Step by Step Solution
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