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Multiple choice O . Oc. OD 12.000 > Moving to another question will save this response. Question 23 Free cash flow provides an indication of
Multiple choice
O . Oc. OD 12.000 > Moving to another question will save this response. Question 23 Free cash flow provides an indication of a company's ability to generate O A Cash to purchase investments. O B. Cash to pay off long-term debt. Oc Cash to invest in new capital expenditures and to pay dividends. OD. Net income Moving to another question will save this response. Question 24 The primary purpose of the statement of cash flows is to provide information about a company's A Financial position at the end of a period. OB. Results of operations during a period. oc Cash receipts and cash payments during a period. Op Changes in retained earnings during a period Question 25 In preparing its statement of cash flows for the year ended December 31, 2010. Coronado Company collected the following data: 12/31/19 12/31/18 Increase (Decrease) Land $640,000 $700,000 $(60,000) Equipment 250,000 100,000 150,000 Accumulated Depreciation 105,000 40,000 65,000 245,000 Bonds Payable 175,000 (70.000) Additional information: 1. In 2010. net income was $100.000 and depreciation expense was $40,000 2. Land was sold at book value for 500,000 cash 3. Equipment was purchased for $150,000 cash 4. No equipment was sold during the year 5. Bonds payable principal of $70,000 was redeemed for cash. The net cash provided (used) by investing activities in 2019 is O A 550.000 OB. (5130.000) OC (5160.000) OD (500,000) Step by Step Solution
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