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Murphy & Murphy Enterprises expects the following for 2018: Net cash provided by operating activities of $232,000 Net cash provided by financing activities of $18,000
Murphy & Murphy Enterprises expects the following for 2018:
Net cash provided by operating activities of $232,000 |
Net cash provided by financing activities of $18,000 |
Net cash provided by investing activities of $67,000 |
Cash dividends paid to stockholders of $16,000 |
The business plans to spend $107,000 to purchase equipment.
What is the expected amount of free cash flow for 2018?
A) $109,000
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B) $125,000
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C) $76,000
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D) $60,000 |
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