Calculate the free cash flow. (Show amour

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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9

Vaughn Products Ltd. produces the following information from its latest financial statements:
Net income
Dividends paid
Average total assets
Current assets
Current liabilities
Cash provided by operating activities
Net capital expenditures
Sales
Total liabilities
Total assets
Cash used in investing activities
Free cash flow $
$30,100
Save for Later
6,800
332,000
208,000
154,000
26,000
15,000
208,000
170,000
274,000
Calculate the free cash flow. (Show amounts that decrease cash flow with either a - sign e.g. -25,000 or in parenthesis e.g. (25,000).)
19,000
Attempts: 0 of 1 used Submit Answer
Transcribed Image Text:Vaughn Products Ltd. produces the following information from its latest financial statements: Net income Dividends paid Average total assets Current assets Current liabilities Cash provided by operating activities Net capital expenditures Sales Total liabilities Total assets Cash used in investing activities Free cash flow $ $30,100 Save for Later 6,800 332,000 208,000 154,000 26,000 15,000 208,000 170,000 274,000 Calculate the free cash flow. (Show amounts that decrease cash flow with either a - sign e.g. -25,000 or in parenthesis e.g. (25,000).) 19,000 Attempts: 0 of 1 used Submit Answer
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