Fred Cars Ltd has cash from operating activities of $67 893. It has incurred capital expenditure of

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Fred Cars Ltd has cash from operating activities of $67 893. It has incurred capital expenditure of $56 700, of which $41 250 was for additional equipment. Calculate the entity's free cash flow. Comment on what the figure indicates.
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Accounting Business Reporting For Decision Making

ISBN: 9780730302414

4th Edition

Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver

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