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Martinez Corporation engaged in the following cash transactions during 2010. Sale of land and building $191,000 Purchase of treasury stock 40,000 Purchase of land 37,000
Martinez Corporation engaged in the following cash transactions during 2010. Sale of land and building $191,000 Purchase of treasury stock 40,000 Purchase of land 37,000 Payment of cash dividend 95,000 Purchase of equipment 53,000 Issuance of common stock 147,000 Retirement of bonds 100,000 Determine Martinez's free cash flow, assuming that it reported net cash provided by operating activities of $400,000. (List amounts from largest positive to smallest positive followed by most negative to least negative, e.g. 15, 14, 10, -17, -5, -1. For negative numbers use either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Free Cash Flow Analysis Issuance of common stock ________________ Less ___________ ____________ _____________ ___________ _________________ ______________ Free cash flow _____________
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