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Murphy & Murphy Enterprises expects the following for 2018: Net cash provided by operating activities of $226,000 Net cash provided by financing activities of $16,000
Murphy & Murphy Enterprises expects the following for 2018: Net cash provided by operating activities of $226,000 Net cash provided by financing activities of $16,000 Net cash provided by investing activities of $70,000 Cash dividends paid to stockholders of $20,000 The business plans to spend $110,000 to purchase equipment. What is the expected amount of free cash flow for 2018? OA. $116,000 OB. $96,000 OC. $62,000 O D. $42,000
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