Assume that during 2020, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,793,000, net cash used in investing activities of $207,826,000 (including cash spent for plant assets of $132,280,000), and net cash used in financing activities of $33,372,000. Dividends of $5,000,000 were paid.Calculate 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 $

Question
Asked Nov 2, 2019

Assume that during 2020, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,793,000, net cash used in investing activities of $207,826,000 (including cash spent for plant assets of $132,280,000), and net cash used in financing activities of $33,372,000. Dividends of $5,000,000 were paid.

Calculate 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  
$
 
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Expert Answer

Step 1

Free cash flow:Free cash flow describes the net cash provided from operating activities after making required adjustments for dividends and capital...

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