Alliance Atlantis Communications Inc. reported cash provided by operating activities of $123,100,000 and revenues of $1,175,400,000 during 2006. Cash spent on plant asset additions during the year was $20,800,000. Calculate free cash flow.

Excel Applications for Accounting Principles
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Problem 14M
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answer this financial accounting question

Alliance Atlantis
Communications Inc.
reported cash provided by operating
activities of $123,100,000 and revenues
of $1,175,400,000 during 2006. Cash spent
on plant asset additions during the year
was $20,800,000. Calculate free cash flow.
Transcribed Image Text:Alliance Atlantis Communications Inc. reported cash provided by operating activities of $123,100,000 and revenues of $1,175,400,000 during 2006. Cash spent on plant asset additions during the year was $20,800,000. Calculate free cash flow.
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