If net cash flows from operating activities total $115,000,net cash flows from financing activities total $50,000,net cash flows from investing activities total $60,000,purchases of plant assets total $30,000,dividends total $12,000,and sales of plant assets total $17,000,the free cash flow equals
A)$90,000.
B)$174,000.
C)$116,000.
D)$56,000.

Question

Quizplus · Accepted Answer

Free cash flow = Net cash flows from operating activities - Capital expenditures + Proceeds from sale of plant assets= $115,000 - $30,000 + $17,000= $90,000

If Net Cash Flows from Operating Activities Total $115,000,net Cash