Question 7 Hinck Corporation reported net cash provided by operating activities of $380,000, net cash used by
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Question 7
Hinck Corporation reported net cash provided by operating activities of $380,000, net cash used by investing activities of $154,700 (including cash spent for capital assets of $201,000), and net cash provided by financing activities of $84,400. Dividends of $128,500 were paid.
Calculate free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Free cash flow $
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