During 2022, NextGen Solutions Inc. reported: • • • • Net Cash Provided by Operating Activities = $140,000,000 Cash Used in Investing Activities = $60,000,000 Cash Used in Financing Activities = $15,000,000 Cash Spent on Fixed Assets (CapEx) = $35,000,000 No dividends were paid Calculate Free Cash Flow (FCF).

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter3: Financial Statements, Cash Flow, And Taxes
Section: Chapter Questions
Problem 12P
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Calculate free cash flow for this financial accounting question

During 2022, NextGen Solutions Inc. reported:
•
•
•
•
Net Cash Provided by Operating Activities = $140,000,000
Cash Used in Investing Activities = $60,000,000
Cash Used in Financing Activities = $15,000,000
Cash Spent on Fixed Assets (CapEx) = $35,000,000
No dividends were paid
Calculate Free Cash Flow (FCF).
Transcribed Image Text:During 2022, NextGen Solutions Inc. reported: • • • • Net Cash Provided by Operating Activities = $140,000,000 Cash Used in Investing Activities = $60,000,000 Cash Used in Financing Activities = $15,000,000 Cash Spent on Fixed Assets (CapEx) = $35,000,000 No dividends were paid Calculate Free Cash Flow (FCF).
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