The following are excerpts from Hamburg Company’s statement of cash flows and other financial records.From Statement of Cash Flows: Cash flows from operating activities$433,104Cash flows from investing activities-13,381Cash flows from financing activities-221,035 From other records: Capital expenditure costs18,547Cash dividend payments12,864Sales revenue465,762Total assets446,698Compute free cash flow.

Statement of cash flows: It is a financial statement that shows the increase or decrease in the cash and cash equivalents during the year. A cash flow statement is also known as the statement of cash flows. It breaks the analysis into operating, investing, and financing activities.Free cash flow = Cash flows from operating activities - Capital expenditure costs - Cash dividend payments Free cash flow = $433,104-18,547-12,864 = $401,693

Answered: The following are excerpts from Hamburg…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The following are excerpts from Hamburg Company’s statement of cash flows and other financial records.

From Statement of Cash Flows:
Cash flows from operating activities	$433,104
Cash flows from investing activities	-13,381
Cash flows from financing activities	-221,035

From other records:
Capital expenditure costs	18,547
Cash dividend payments	12,864
Sales revenue	465,762
Total assets	446,698

Compute free cash flow.

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