The management of Bramble Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $878,600. It had net cash provided by operating activities of $642,200, paid cash dividends of $79,300, and had capital expenditures of $275,100. (a1) Compute the company's free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) Free cash flow $

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
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The management of Bramble Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net
income of $878,600. It had net cash provided by operating activities of $642,200, paid cash dividends of $79,300, and had capital
expenditures of $275,100.
(a1) Compute the company's free cash flow. (Enter negative amount using either a negative sign preceding the number eg. -45 or parentheses
eg (45).)
Free cash flow
$
Transcribed Image Text:The management of Bramble Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $878,600. It had net cash provided by operating activities of $642,200, paid cash dividends of $79,300, and had capital expenditures of $275,100. (a1) Compute the company's free cash flow. (Enter negative amount using either a negative sign preceding the number eg. -45 or parentheses eg (45).) Free cash flow $
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