Asked by
Jeremy Del Rosso
on Oct 10, 2024Verified
Beacham Corporation's net cash provided by operating activities was $115; its net income was $95; its capital expenditures were $65; and its cash dividends were $17.The company's free cash flow was:
A) $292
B) $13
C) $33
D) $128
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Capital Expenditures
Long-term investments in physical assets such as property, plants, and equipment.
Net Cash
The amount of cash available after accounting for cash inflows and outflows.
- Determine free cash flow from given financial information.
Verified Answer
DD
Learning Objectives
- Determine free cash flow from given financial information.
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