Julie Lopez Company expects the following for 2018: Net cash provided by operating activities of $148,000. Net cash provided by financing activities of $56,000. Net cash used for investing activities of $77,000 (no sales of long-term assets). Cash dividends paid to stockholders of $7,000. How much free cash flow does Lopez expect for 2018?

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
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Julie Lopez Company expects the following for 2018:

  • Net cash provided by operating activities of $148,000.
  • Net cash provided by financing activities of $56,000.
  • Net cash used for investing activities of $77,000 (no sales of long-term assets).
  • Cash dividends paid to stockholders of $7,000.

How much free cash flow does Lopez expect for 2018?

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