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Summary financial information for Skysong Corporation for the year ended July 1, 2021 is listed below: Profit $297000 Depreciation expense 34000 Beginning inventory 97000
Summary financial information for Skysong Corporation for the year ended July 1, 2021 is listed below: Profit $297000 Depreciation expense 34000 Beginning inventory 97000 Ending inventory 69000 Cost of goods sold 41000 Interest expense 139000 Income tax expense 76000 Operating profit 454000 Cash provided by operating activities 345000 Dividends paid 54000 Cash used by investing activities 128000 Skysong's free cash flow for 2021 is $115000. $546000. $169000. O $217000.
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