Question

Zee Corporation had net cash flows from operating activities during the past year of $432,000. During the year, the company expended $924,000 for property, plant, and equipment; sold property, plant, and equipment for $108,000; and paid dividends of $100,000. Calculate the company’s free cash flow.
What does the result tell you about the company?



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  • CreatedMarch 26, 2014
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