Zedek Corporation had net cash flows from operating activities during the past year of $216,000. During the

Question:

Zedek Corporation had net cash flows from operating activities during the past year of $216,000. During the year, the company expended $462,000 for property, plant, and equipment; sold property, plant and Equipment for $54,000; and paid dividends of $50,000. Calculate the company’s free cash flow. What doest the result tell you about the company?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...