Connor Designs Company has cash flows for operating activities of $425,000. Cash flows used for investments in property, plant, and equipment totaled $65,000, of which 70% of this investment was used to replace machinery to maintain existing capacity.
What is the free cash flow for Connor Designs?

Question

Connor Designs Company has cash flows for operating activities of $425,000.  Cash flows used for investments in property, plant, and equipment totaled $65,000, of which 70% of this investment was used to replace machinery to maintain existing capacity. 
What is the free cash flow for Connor Designs?

Quizplus · Accepted Answer

The Answer of Connor Designs Company has cash flows for operating activities of $425,000.  Cash flows used for investments in property, plant, and equipment totaled $65,000, of which 70% of this investment was used to replace machinery to maintain existing capacity. 
What is the free cash flow for Connor Designs?

Connor Designs Company Has Cash Flows for Operating Activities of $425,000. Cash