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

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  
$
 

Expert Answer

Want to see the step-by-step answer?

Check out a sample Q&A here.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.
Tagged in
Business
Accounting

Financial Accounting

Related Accounting Q&A

Find answers to questions asked by students like you.

Q: On March 1, the Garner Corporation borrowed $75,000 from the First Bank of Midlothian on a 1-year, 5...

A: Calculate interest expense:Interest expense = Notes payable * Interest rate * Time periodInterest ex...

Q: Calculate PayrollBreakin Away Company has three employees-a consultant, a computer programmer, and a...

A: Gross Pay: The total amount such as salary, wages, commissions, overtime, and bonus paid by an emplo...

Q: Identify Cost Graphs The following cost graphs illustrate various types of cost behavior: Cost Graph...

A:  a. Total direct material cost- It will be Cost graph four as per the question, because with each ad...

Q: Prince Paper has budgeted the following amounts for its next fiscal year: Total fixed expenses $400,...

A: Operating income: Income statement reports revenues and expenses from business operations, and the r...

Q: Sophia & More Company sells clothing, shoes and accessories at a city location near you. Informa...

A: Income Statement as per Variable Costing

Q: Bonds Payable has a balance of $1,000,000, and Discount on Bonds Payable has a balance of $15,500. I...

A: Bonds payable are kind of long term debt generally issued by governments and corporations. The issue...

Q: Smith Corporation is reviewing the following transactions for its year-ended December 31, 2015. For ...

A: Name of the Account: Dividends Payable and Paid in Capital, since dividends are deducted from retain...

Q: conduct horizontal and vertical analyses for the balance sheet and income statement accounts and rep...

A: Use basic financial analysis to examine any horizontal changes in Starbuck’s short- and long-term de...

Q: In 2013, BMJ Plumbing Company sold 250 water heaters for $1,050 each. The water heaters carry a 5-ye...

A: 1.

Q: Accounting Question

A: Per unit/per machine hour variable cost that is $7 is ascertained by dividing the difference of high...

Q: Cornerstone Exercise 9-46 (Appendix 9A) Bond Issue Price On December 31, 2014, Callahan Auto issued ...

A: Click to see the answer

Q: Starwise Company had the following amounts from its income statement: $100,000 Sales revenue 32,000 ...

A: Contribution Margin: The process or theory which is used to judge the benefit given by each unit of ...

Q: What type of cost is this? Total Costs Units January $20,124 February $19,415 1,849 1,590 If it is a...

A: Determine cost per unit for both months.

Q: The Fields Company has two manufacturing departments, forming and painting. The company uses the wei...

A: Requirements are solved in the following table:

Q: Practice 4: Port-a-Home Ltd (PL) produces two lines of mobile homes: Doublewide and singlewide. Unit...

A: When resources for production are contrained, the line of product generating maximum contribution pe...

Q: Journal Entries for Payment of Employer Payroll Taxes Jason Chen owns a business called Chen Home Bu...

A: Record journal entry for payment of employee federal income tax, social security and Medicare taxes ...

Q: how would i find the contribution margins for the two pots

A: Click to see the answer

Q: What are the 4 Phases of Auditing?

A: Audit: An audit is a systematic verification of the accounting records of a company to test their cr...

Q: How would i fill out the two tables?

A: In decision analysis, fixed costs are considered sunk cost and hence they are ignored for decision m...

Q: Classifying Liability-Related Accounts into Balance Sheet or Income StatementIndicate the proper fin...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

Q: Kingbird Company uses a periodic inventory system. For April, when the company sold 470 units, the f...

A: Inventory Valuation:"LIFO" stands for last-in, first-out, meaning that the recently purchased invent...

Q: A hotel has experienced the following financial results:  Income before non-operating income and ex...

A: a.Determine the amount of non-operating expense.

Q: If a taxpayer does not have enough tax liability to use all the available adoption credit, the unuse...

A: Adoption Credit: Adoption of a child needs certain basic expenses like court and attorney fees and s...

Q: Practice 3: Bob Company, a sole proprietorship, sells only one product. The regular price is $160. V...

A: Contribution Margin is the ability of the company to cover its variable cost. It is the balance  amo...

Q: 1-7  Please identify each type of business 1) Jean Johnson's home health care business does not have...

A: Types of BusinessThere are three main types of business organizations:Sole ProprietorshipPartnership...

Q: Federal Income Tax WithholdingBob Browning's weekly gross earnings for the present week were $2,770....

A: Calculate the amount of federal income tax with holdings:

Q: Process Cost Journal Entries The cost of materials transferred into the Rolling Department of Keysto...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

Q: Only need to do part B of the question

A: Required journal entries:

Q: All parts of question 3 Quality Improvement and Profitability Objective Gagnon Company reported the ...

A: 1. Calculation of quality cost: Results of formulas used in excel sheet is as follows: Calculation o...

Q: Which of the following is not a tax preference or adjustment item for the individual alternative min...

A: Alternative minimum tax (AMT) is the compulsory minimum tax which an individual or corporate has to ...

Q: Describe two ways in which the concept of materiality may save accountants' time and effort in makin...

A: Materiality concept: The accounting concept which focusses that all the financial items and figures ...

Q: how would I find the difference between net operating income if the project is eliminated?

A: Keep or drop decision: Keep or drop decision includes whether a company should keep a product line o...

Q: Operating Leverage Snellville Co. reports the following data: Sales $483,900 Variable costs 329,100 ...

A: Degree of Operating Leverage:  Degree of operating leverage is an efficiency ratio which evaluates t...

Q: Equivalent Units of Production The following information concerns production in the Baking Departmen...

A: a. Number of units in work in process inventory at March 31.

Q: Cash Budget The controller of Bridgeport Housewares Inc. instructs you to prepare a monthly cash bud...

A: A cash budget is prepared to ensure the sufficiency of cash in the company. It is prepared to calcul...

Q: Exercise 7-06 a The following control procedures are used in Bunny’s Boutique Shoppe for cash disbu...

A: Click to see the answer

Q: Sales Mix and Break-Even Analysis Heyden Company has fixed costs of $399,970. The unit selling price...

A: Break even sales is the dollar amount of revenue at which a business earns a profit of zero i.e. No ...

Q: My text book is  Hospitality Industry Financial Accounting (4th edition). I am in chapter 10 -- INVE...

A: Effect of errors on cost of goods sold (COGS) and net income:

Q: Please tell me if the following are an asset, liability or equity account and if they are real or no...

A: Following account are classifed as asset, liability , equity, Real and Nominal accounts are shown be...

Q: Break-Even Sales and Sales Mix for a Service Company Zero Turbulence Airline provides air transporta...

A: Break even sales is the dollar amount of revenue at which a business earns a profit of zero i.e. No ...

Q: Adjusted Trial Balance     December 31, 2014               Debit Credit Cash         6,590   ...

A: Income statement: The financial statement which reports revenues and expenses from business operatio...