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Winnetka Company's statement of cash flow appears below: Operating activities: Net income $13,700 Depreciation expense 3,750 Accounts receivable 1,100 Inventory (2,050 ) Accounts payable 500
Winnetka Company's statement of cash flow appears below: Operating activities: Net income $13,700 Depreciation expense 3,750 Accounts receivable 1,100 Inventory (2,050 ) Accounts payable 500 Cash flow from operations 17,000 Investing activities: Equipment (8,250 ) Cash flow from investing (8,250 ) Financing activities: Common stock issued 5,100 Long-term note payable (8,300 ) Dividends paid (6,600 ) Cash flow from financing (9,800 ) Net (decrease) increase in cash (1,050 ) Cash, beginning of year 8,250
How much is the company's free cash flow?
A. | $ (1,050) | |
B. | $17,000 | |
C. | $ 8,750 | |
D. | $ 2,100 |
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