Question
Simpson, Inc. reported $100,000 cash provided by operating activities. The company paid $30,000 to purchase production equipment and paid $10,000 in dividends. How much is
Simpson, Inc. reported $100,000 cash provided by operating activities. The company paid $30,000 to purchase production equipment and paid $10,000 in dividends. How much is Simpsons free cash flow?
| A. | $140,000 | |
| B. | $70,000 | |
| C. | $60,000 | |
| D. | $100,000 |
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Introductory Accounting A Measurement Approach For Managers
Authors: Daniel P. Tinkelman
1st Edition
9781138956216
