Calculate the free cash flow. (Show amour
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
9

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
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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
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