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Trent Co. reports the following information: Net cash provided by operating activities$430,000Average current liabilities 300,000Average long-term liabilities 200,000Dividends paid 120,000Capital expenditures 220,000Purchase of treasury stock
Trent Co. reports the following information:
Net cash provided by operating activities$430,000Average current liabilities 300,000Average long-term liabilities 200,000Dividends paid 120,000Capital expenditures 220,000Purchase of treasury stock 22,000Payments of debt 70,000
Trent's free cash flow is
$210,000.
$310,000.
$20,000.
$90,000.
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