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Sweeter Enterprises Inc. has net cash flows from operating activities of $856,000. Cash flows used for investments in property, plant, and equipment totaled $680,000, of
Sweeter Enterprises Inc. has net cash flows from operating activities of $856,000. Cash flows used for investments in property, plant, and equipment totaled $680,000, of which 45% of this investment was used to replace existing capacity.
Determine the free cash flow for Sweeter Enterprises Inc.
How might a lender use free cash flow to determine whether or not to give Sweeter Enterprises Inc. a loan?
Explain clearly, and send fast as possible!!!
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