Outdoor Lighting Supply expects the following for 2024: Net cash provided by operating activities of $285,000 Net cash provided by financing activities of $63,000 Net cash provided by investing activities of $75,000 Cash dividends paid to stockholders of $29,000 Outdoor expects to spend $159,000 to modernize its showroom. How much free cash flow does Outdoor expect for 2024? OA. $268,000 OB. $126,000 OC. $97,000 OD. $118,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Outdoor Lighting Supply expects the following for 2024:
Net cash provided by operating activities of $285,000
Net cash provided by financing activities of $63,000
Net cash provided by investing activities of $75,000
Cash dividends paid to stockholders of $29,000
Outdoor expects to spend $159,000 to modernize its showroom.
How much free cash flow does Outdoor expect for 2024?
OA. $268,000
OB. $126,000
OC. $97,000
OD. $118,000
Transcribed Image Text:Outdoor Lighting Supply expects the following for 2024: Net cash provided by operating activities of $285,000 Net cash provided by financing activities of $63,000 Net cash provided by investing activities of $75,000 Cash dividends paid to stockholders of $29,000 Outdoor expects to spend $159,000 to modernize its showroom. How much free cash flow does Outdoor expect for 2024? OA. $268,000 OB. $126,000 OC. $97,000 OD. $118,000
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