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Compute free cash flow for 2022. Show your work.

Compute free cash flow for 2022. Show your work.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Compute free cash flow for 2022. Show your work.

 

Cash Flows from Operating Activitles Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities ✓ Depreciation Expense Gain on Disposal of Equipment Increase In Accounts Receivable CORONADO COMPANY Statement of Cash Flows For the Year Ended December 31, 2022 Decrease in Inventory Decrease in Accounts Payable Net Cash Provided by Operating Activities ✓ Cash Flows from Investing Activities Sale of Land 69 $ 49,680 (5,520) (10,120) 19,320 (9,200) 25,760 659 92,000 44,160 136,160
Transcribed Image Text:Cash Flows from Operating Activitles Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities ✓ Depreciation Expense Gain on Disposal of Equipment Increase In Accounts Receivable CORONADO COMPANY Statement of Cash Flows For the Year Ended December 31, 2022 Decrease in Inventory Decrease in Accounts Payable Net Cash Provided by Operating Activities ✓ Cash Flows from Investing Activities Sale of Land 69 $ 49,680 (5,520) (10,120) 19,320 (9,200) 25,760 659 92,000 44,160 136,160
Sale of Equipment Purchase of Equipment Net Cash used by Investing Activities Cash Flows from Financing Activities Issuance of Common Stock Redemption of Bonds Payment of Cash Dividends Net Cash used by Financing Activities Net Increase in Cash Cash at Beginning of Perlod Cash at End of Perlod 33,120 (101,200) 38,640 (55,200) (30,360) (42,320) (46,920) 46,920 20,240 67,160
Transcribed Image Text:Sale of Equipment Purchase of Equipment Net Cash used by Investing Activities Cash Flows from Financing Activities Issuance of Common Stock Redemption of Bonds Payment of Cash Dividends Net Cash used by Financing Activities Net Increase in Cash Cash at Beginning of Perlod Cash at End of Perlod 33,120 (101,200) 38,640 (55,200) (30,360) (42,320) (46,920) 46,920 20,240 67,160
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