Buckley Corporation's most recent comparative balance sheet appears below: The company's net income for the year was $91 and it paid a cash dividend of $22. It did not dispose of any property, plant, and equipment during the year. The company did not retire any bonds payable or repurchase any of its own common stock. The free cash flow for the year was:
A)($8)
B)$14
C)$128
D)$308

Question

Buckley Corporation's most recent comparative balance sheet appears below:  The company's net income for the year was $91 and it paid a cash dividend of $22. It did not dispose of any property, plant, and equipment during the year. The company did not retire any bonds payable or repurchase any of its own common stock. The free cash flow for the year was:
A)($8) 
B)$14 
C)$128 
D)$308

Quizplus · Accepted Answer

The Answer of Buckley Corporation's most recent comparative balance sheet appears below:  The company's net income for the year was $91 and it paid a cash dividend of $22. It did not dispose of any property, plant, and equipment during the year. The company did not retire any bonds payable or repurchase any of its own common stock. The free cash flow for the year was:
A)($8) 
B)$14 
C)$128 
D)$308

Buckley Corporation's Most Recent Comparative Balance Sheet Appears Below