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mackenzie phillips
on Oct 09, 2024

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Suggett Corporation's net cash provided by operating activities was $34; its income taxes were $12; its capital expenditures were $24; and its cash dividends were $7.The company's free cash flow was:

A) $(19)
B) $77
C) $3
D) $15

Free Cash Flow

The amount of cash generated by a company after accounting for operational expenses and capital expenditures, indicating the company's ability to generate surplus cash.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment, aimed at improving future operations.

Income Taxes

Taxes levied by governments on individuals or entities based on their income or profits.

  • Calculate the free cash flow based on the specified financial information.
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hemin hassanOct 13, 2024
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