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'Saladin Company has cash flows for operating activities of $600,000. Cash flows used for investments in property. plant, and equipment totaled $56,000, of which
'Saladin Company has cash flows for operating activities of $600,000. Cash flows used for investments in property. plant, and equipment totaled $56,000, of which 70% of this investment was used to replace existing capacity. What is the free cash flow for Saladin Company? $554,500 $544,000 $560,800 $600,000
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