The management of Bridgeport Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $870,300. It had net cash provided by operating activities of $643,900, paid cash dividends of $76,200, and had capital expenditures of $278,200. (a1) Compute the company's free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow VA
The management of Bridgeport Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $870,300. It had net cash provided by operating activities of $643,900, paid cash dividends of $76,200, and had capital expenditures of $278,200. (a1) Compute the company's free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow VA
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:The management of Bridgeport Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net
income of $870,300. It had net cash provided by operating activities of $643.900, paid cash dividends of $76,200, and had capital
expenditures of $278,200.
(a1) Compute the company's free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses
e.g. (45).)
Free cash flow
tA
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