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A company with no net debt reports cash flow from operations of $3,750 million in its cash flow statement after adding $1,250 million in accruals to earnings. It reported cash investments in operations of $2,000 million. What were the company's free cash flow and earnings for the period? a. Free cash flow: $1,750 million; Earnings: $2,500 million b. Free cash flow: $1,500 million; Earnings: $2,750 million c. Free cash flow: $1,750 million; Earnings: $2,750 million d. Free cash flow: $1,500 million; Earnings: $2,500 million

A company with no net debt reports cash flow from operations of $3,750 million in its cash flow statement after adding $1,250 million in accruals to earnings. It reported cash investments in operations of $2,000 million. What were the company's free cash flow and earnings for the period? a. Free cash flow: $1,750 million; Earnings: $2,500 million b. Free cash flow: $1,500 million; Earnings: $2,750 million c. Free cash flow: $1,750 million; Earnings: $2,750 million d. Free cash flow: $1,500 million; Earnings: $2,500 million

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...
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A company with no net debt reports cash flow from operations of $3,750 million in its cash flow statement after adding $1,250 million in accruals to earnings. It reported cash investments in operations of $2,000 million. What were the company's free cash flow and earnings for the period? a. Free cash flow: $1,750 million; Earnings: $2,500 million b. Free cash flow: $1,500 million; Earnings: $2,750 million c. Free cash flow: $1,750 million; Earnings: $2,750 million d. Free cash flow: $1,500 million; Earnings: $2,500 million
Transcribed Image Text:A company with no net debt reports cash flow from operations of $3,750 million in its cash flow statement after adding $1,250 million in accruals to earnings. It reported cash investments in operations of $2,000 million. What were the company's free cash flow and earnings for the period? a. Free cash flow: $1,750 million; Earnings: $2,500 million b. Free cash flow: $1,500 million; Earnings: $2,750 million c. Free cash flow: $1,750 million; Earnings: $2,750 million d. Free cash flow: $1,500 million; Earnings: $2,500 million
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