Camellia Blooms Ltd has cash from operating activities of $59746. It has incurred capital expenditure of $49896,

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Camellia Blooms Ltd has cash from operating activities of $59746. It has incurred capital expenditure of $49896, of which $36300 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: 9780730363415

6th Edition

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

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