Moren Corporation's net cash provided by operating activities was $95; its net income was $71; its capital expenditures were $70, and its cash dividends were $18. The company's free cash flow was: A. $254 B. $78 C. $7 D. -$17
Moren Corporation's net cash provided by operating activities was $95; its net income was $71; its capital expenditures were $70, and its cash dividends were $18. The company's free cash flow was: A. $254 B. $78 C. $7 D. -$17
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 13MCQ
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Please given answer accounting question

Transcribed Image Text:Moren Corporation's net cash provided by
operating activities was $95; its net income was
$71; its capital expenditures were $70, and its cash
dividends were $18. The company's free cash flow
was:
A. $254
B. $78
C. $7
D. -$17
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