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Frankin Corporation's net cash provided by operating activities was $192; its capital expenditures were $154; and its cash dividends were $27.The company's free cash flow was:
A) $38
B) $373
C) $11
D) $165
Free Cash Flow
This represents the amount of cash a company generates from its operations after accounting for capital expenditures, showing the liquidity available for expansion, dividends, or debt repayment.
Capital Expenditures
Expenses incurred by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment, often to improve or maintain their long-term capacity and efficiency.
Net Cash
The amount of cash available after accounting for cash inflows minus cash outflows, reflecting a company's ability to meet its short-term obligations.
- Ascertain the free cash flow utilizing the provided financial data.
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Learning Objectives
- Ascertain the free cash flow utilizing the provided financial data.
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