Outdoor Lighting Supply expects the following for 2018: Net cash provided by operating activities of $275,000 Net cash provided by financing activities of $70,000 Net cash provided by investing activities of $82,000 Cash dividends paid to stockholders of $25,000 Outdoor expects to spend $158,000 to modernize its showroom. How much free cash flow does Outdoor expect for 2018? A. $117,000 B. $262,000 c. $92,000 D. $98,000
Outdoor Lighting Supply expects the following for 2018: Net cash provided by operating activities of $275,000 Net cash provided by financing activities of $70,000 Net cash provided by investing activities of $82,000 Cash dividends paid to stockholders of $25,000 Outdoor expects to spend $158,000 to modernize its showroom. How much free cash flow does Outdoor expect for 2018? A. $117,000 B. $262,000 c. $92,000 D. $98,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Outdoor Lighting Supply expects the following for 2018:
Net cash provided by operating activities of $275,000
Net cash provided by financing activities of $70,000
Net cash provided by investing activities of $82,000
Cash dividends paid to stockholders of $25,000
Outdoor expects to spend $158,000 to modernize its showroom.
How much free cash flow does Outdoor expect for 2018?
A. $117,000
B. $262,000
C. $92,000
D. $98,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fada529dc-dd66-48fc-8d27-6da34daaf3b6%2Fb8bea90f-6195-461c-bb89-fbbdb6dceeaa%2F2lg3n2t_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Outdoor Lighting Supply expects the following for 2018:
Net cash provided by operating activities of $275,000
Net cash provided by financing activities of $70,000
Net cash provided by investing activities of $82,000
Cash dividends paid to stockholders of $25,000
Outdoor expects to spend $158,000 to modernize its showroom.
How much free cash flow does Outdoor expect for 2018?
A. $117,000
B. $262,000
C. $92,000
D. $98,000
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