Please do not give solution in image format thanku Loss on disposal of plant assetsNet cash provided by operating activitiesCash flows from investing activitiesSale of investmentsPurchase of equipmentNet cash used by investing activitiesCash flows from financing activitiesIssuance of stockPayment on long-term note payablePayment for dividendsNet cash used by financing activitiesNet increase in cashCash at beginning of yearCash at end of year3,366Free cash flow for Metlock Corporation3,162(24,684)20,400(10,200)(13,260 )14,99475,174(21,522 )(3,060 )50.59213,260$63,852(a) Compute free cash flow for Metlock Corporation. (Show a negative free cash flow with either a-sign e.g.-15,000 or in parenthesis e.g.(15,000)) Metlock Corporation issued the following statement of cash flows for 2022.Metlock CorporationStatement of Cash Flows-Indirect MethodFor the Year Ended December 31, 2022Cash flows from operating activitiesNet incomeAdjustments to reconcile net income to net cashprovided by operating activities:Depreciation expenseDecrease in accounts receivableIncrease in inventoryDecrease in accounts payableLoss on disposal of plant assetsNet cash provided by operating activitiesCash flows from investing activitiesSale of investmentsPurchase of equipmentNet cash used by investing activitiesCash flows from financing activitiesIssuance of stock$9,2829,690(5,100)(2,244 )3,3663,162(24,684 )20,400$60,18014,99475,174(21,522 )

calculation of free cash flow For Metlock corporation are as follows

Loss on disposal of plant assets Net cash provided by operating activities Cash flows from investing activities Sale of investments Purchase of equipment Net cash used by investing activities Cash flows from financing activities Issuance of stock 3,366 3,162 (24,684) 20,400 14,994 75.174 (21,522 )

Loss on disposal of plant assets Net cash provided by operating activities Cash flows from investing activities Sale of investments Purchase of equipment Net cash used by investing activities Cash flows from financing activities Issuance of stock 3,366 3,162 (24,684) 20,400 14,994 75.174 (21,522 )

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

True or False: Access controls limit who can change records Group of answer choices True False
How is the access control list approach different from RBAC?
Which of the following QBO features can be used to save a transaction that will be re-used in the future? Multiple Choice Saved transactions (+) New icon Recurring transactions None of the choices is correct.
Please help me,
please see attached problem
Please don't use chat gpt and other ai other wise I give multiplie downvote Which of the following is sometimes called a currently attainable standard? O a. par b. normal standard O c. theoretical standard d. ideal standard
Write me a human paragraph without using Al about what a memorandoms of understanding is and how it is used
The easiest way to change the order in a chart is in the __________. Multiple Choice underlying spreadsheet slicer chart options chart itself
Information that is reported free from error ________.