Frankin Corporation's net cash provided by operating activities was $185; its capital expenditures were $82, and its cash dividends were $39. The company's free cash flow was: a. $146 b. $103 c. $64 d. $306

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...
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Frankin Corporation's net cash provided by operating
activities was $185; its capital expenditures were $82,
and its cash dividends were $39. The company's free
cash flow was:
a. $146
b. $103
c. $64
d. $306
Transcribed Image Text:Frankin Corporation's net cash provided by operating activities was $185; its capital expenditures were $82, and its cash dividends were $39. The company's free cash flow was: a. $146 b. $103 c. $64 d. $306
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