Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 20Y2 and 20Y1: 20Υ2 20Υ1 Net cash flow from operating activities $476,000 $455,000 Net cash flow used for investing activities (427,000) (378,000) Net cash flow used for financing activities (42,000) (58,800) Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. 20Υ2 20Υ1 Free cash flow b. Has Dillin's free cash flow improved or declined from 20Y1 to 20Y2? Declined Improved

Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 20Y2 and 20Y1: 20Υ2 20Υ1 Net cash flow from operating activities $476,000 $455,000 Net cash flow used for investing activities (427,000) (378,000) Net cash flow used for financing activities (42,000) (58,800) Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. 20Υ2 20Υ1 Free cash flow b. Has Dillin's free cash flow improved or declined from 20Y1 to 20Y2? Declined Improved

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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Find cashflow from Financing activities
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Please show working.
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