The following information is available for Young Corporation: Capital expenditures $115,000 Cash dividends 75,000 Cash provided by operations 220,000 Net income 130,000 Sales 600,000 Compute Young Corporation's free cash flow.
The following information is available for Young Corporation: Capital expenditures $115,000 Cash dividends 75,000 Cash provided by operations 220,000 Net income 130,000 Sales 600,000 Compute Young Corporation's free cash flow.
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 13MCQ
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Question
The following information is available for Young Corporation:
Capital expenditures | $115,000 | ||
Cash dividends | 75,000 | ||
Cash provided by operations | 220,000 | ||
Net income | 130,000 | ||
Sales | 600,000 |
Compute Young Corporation's
Free cash flow |
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