Question
Slanina Fireworks has cash flow from operations of $200,000. They purchased additional equipment for $30.000 and invested in long term securities for $10.000. They
Slanina Fireworks has cash flow from operations of $200,000. They purchased additional equipment for $30.000 and invested in long term securities for $10.000. They are required to pay out s8,000 in preferred share dividends, their net income is $100,000, and their payout ratio is 10%. Calculate Free Cash Flow Select one: O a. $138.000 Ob. $152.000 Oc $160.000 Od. $142,000
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