A company paid a dividend of $ 173 million to the shareholders and bought the shares back for $ 64 million. There was no share of issues. The company received $ 97 million in net cash to finance debt operations. What is free cash flow? Choose one: O a. $ 140 O b. $ 240 S.J. 14 dollars, d. 1400 dollars

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 32BEB: During 20X2, Evans Company had the following transactions: a. Cash dividends of 6,000 were paid. b....
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A company paid a dividend of $ 173 million to the shareholders and bought the shares back for $ 64 million. There was no share of issues. The company received $ 97 million in net cash to finance debt operations. What is free cash flow? Choose one: O a. $ 140 O b. $ 240 S.J. 14 dollars, d. 1400 dollars

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