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Lovato Motors Inc. has net cash flows from operating activities of $774,000. Cash rows used for investments in property, plant, and equipment totaled $480,000, of
Lovato Motors Inc. has net cash flows from operating activities of $774,000. Cash rows used for investments in property, plant, and equipment totaled $480,000, of which 70% of this investment was used to replace existing capacity Determine the free cash flow for Lovato Motors Inc
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