Question

Dillin Inc. reported the following on the company’s statement of cash flows in 2014 and 2013:


Eighty percent of the net cash flow used for investing activities was used to replace existing capacity.
a. Determine Dillin’s free cash flow for both years.
b. Has Dillin’s free cash flow improved or declined from 2013 to2014?


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  • CreatedFebruary 28, 2014
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