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The management of Blue Spruce Corp. is trying to decide whether it can increase its dividend. During the current year, it reported net income of
The management of Blue Spruce Corp. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $878,000. It had net cash provided by operating activities of $737,000, paid cash dividends of $95,000, and had capital expenditures of $312,000. (a1) Compute the companys free cash flow. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
The companys free cash flow | $ |
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