Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 20Y2 and 20Y1: 20Υ2 20Υ1 Net cash flow from operating activities $476,000 $455,000 Net cash flow used for investing activities (427,000) (378,000) Net cash flow used for financing activities (42,000) (58,800) Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. 20Υ2 20Υ1 Free cash flow b. Has Dillin's free cash flow improved or declined from 20Y1 to 20Y2? Declined Improved

Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 20Y2 and 20Y1: 20Υ2 20Υ1 Net cash flow from operating activities $476,000 $455,000 Net cash flow used for investing activities (427,000) (378,000) Net cash flow used for financing activities (42,000) (58,800) Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. 20Υ2 20Υ1 Free cash flow b. Has Dillin's free cash flow improved or declined from 20Y1 to 20Y2? Declined Improved

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 56PSA: Preparing a Statement of Cash Flows Monon Cable Television Company reported the following financial...

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