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LF's Pest Control Products Has the Following Information Available What Is LF's Free Cash Flow?
A) $32,000
B) $24,000

Question 107

Multiple Choice

LF's Pest Control Products has the following information available:  Net Income $25,000 Cash Provided by Operations 35,000 Cash Sales 65,000 Capital Expenditures 11,000 Dividends Paid 3,000\begin{array} { l r } \text { Net Income } & \$ 25,000 \\\text { Cash Provided by Operations } & 35,000 \\\text { Cash Sales } & 65,000 \\\text { Capital Expenditures } & 11,000 \\\text { Dividends Paid } & 3,000\end{array} What is LF's free cash flow?


A) $32,000
B) $24,000
C) $21,000
D) $11,000

Correct Answer:

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