During the year,Team Shirts,Inc.had net cash from operating activities of $50,000; it paid $10,000 in dividends; and it purchased long-term assets for $30,000.Free cash flow for the year was ________.
A)$90,000
B)$40,000
C)$20,000
D)$10,000

Question

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The Answer of During the year,Team Shirts,Inc.had net cash from operating activities of $50,000; it paid $10,000 in dividends; and it purchased long-term assets for $30,000.Free cash flow for the year was ________.
A)$90,000
B)$40,000
C)$20,000
D)$10,000

During the Year,Team Shirts,Inc