Ferron Corporation's net cash provided by operating activities was $81; its income taxes were $36; its capital expenditures were $34; and its cash dividends were $15. The company's free cash flow was:
A) $68
B) $32
C) -$13
D) $166

Question

Quizplus · Accepted Answer

Free cash flow is calculated as net cash provided by operating activities minus capital expenditures and cash dividends. So, $81 - $34 - $15 = $32.

Ferron Corporation's Net Cash Provided by Operating Activities Was $81;