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The management of Pharoah Company is trying to decide whether it can increase its dividend. During the current year, it reported net income of $882,000.
The management of Pharoah Company is trying to decide whether it can increase its dividend. During the current year, it reported net income of $882,000. It had net cash provided by operating activities of $741,000, paid cash dividends of $99,000, and had capital expenditures of $316,000. (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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