Hamblet Corporation's net cash provided by operating activities was $130; its net income was $94; its capital expenditures were $116; and its cash dividends were $19. The company's free cash flow was:
A) $89
B) -$41
C) $359
D) -$5

Question

Quizplus · Accepted Answer

Free cash flow is calculated as net cash provided by operating activities minus capital expenditures and cash dividends. So, $130 - $116 - $19 = -$5.

Hamblet Corporation's Net Cash Provided by Operating Activities Was $130;