SuperTech Corp had net cash from operating activities of $75,000, paid $25,000 in dividends, purchased machinery for $40,000, and spent $15,000 on office furniture. Calculate free cash flow. a) $35,000 b) $20,000 c) ($5,000) d) $75,000
SuperTech Corp had net cash from operating activities of $75,000, paid $25,000 in dividends, purchased machinery for $40,000, and spent $15,000 on office furniture. Calculate free cash flow. a) $35,000 b) $20,000 c) ($5,000) d) $75,000
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...
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financial accounting
![SuperTech Corp had net cash from operating
activities of $75,000, paid $25,000 in dividends,
purchased machinery for $40,000, and spent
$15,000 on office furniture. Calculate free cash flow.
a) $35,000
b) $20,000
c) ($5,000)
d) $75,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F416675e2-473c-4bcc-9f31-baf01ebc8a2e%2Fea34d889-54bc-4dc9-9a51-9695e5ae1615%2F68y2m2k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:SuperTech Corp had net cash from operating
activities of $75,000, paid $25,000 in dividends,
purchased machinery for $40,000, and spent
$15,000 on office furniture. Calculate free cash flow.
a) $35,000
b) $20,000
c) ($5,000)
d) $75,000
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