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
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Author:Jay Rich, Jeff Jones
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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
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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