GreenLeaf Industries reported net cash from operating activities of $100,000, equipment purchases of $60,000, dividend payments of $30,000, and inventory purchases of $20,000. What is the free cash flow? a) $40,000 b) $20,000 c) $10,000 d) $100,000

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...
icon
Related questions
Question

General Accounting question

GreenLeaf Industries reported net cash from
operating activities of $100,000, equipment
purchases of $60,000, dividend payments of
$30,000, and inventory purchases of $20,000. What
is the free cash flow?
a) $40,000
b) $20,000
c) $10,000
d) $100,000
Transcribed Image Text:GreenLeaf Industries reported net cash from operating activities of $100,000, equipment purchases of $60,000, dividend payments of $30,000, and inventory purchases of $20,000. What is the free cash flow? a) $40,000 b) $20,000 c) $10,000 d) $100,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning