Question 44 Blackstone Company has the following information available: Net income, $20,000; Cash provided by operations, $30,000; Cash Sales, $75,000; Capital expenditures, $12,000; and Cash dividends, $6,000. What is Blackstone's free cash flow? $27,000. $12,000. $48,000. O $2,000. Question 46 Gentry Company's land account decreased $120,000 because of a cash sale for $120,000, its equipment account increased $40,000 as a result of a cash purchase, and its bonds payable account increased $130,000 from issuance of bonds for cash at face value. The net cash provided by investing activities is O $80,000 O $210,000. $90,000. O $120,000. Question 47 Moon Beam, Inc. reported the following income statement data (in millions) net sales, $180; cost of goods sold, $120; and operating expenses, $33. Using vertical analysis, what percentage is assigned to cost of goods sold? O 67% O 100% 52% O 33%