In a recent quarter, Huntsinger Communications Inc. reported cash provided by operating activities of $45,600,000 and revenues
Question:
In a recent quarter, Huntsinger Communications Inc. reported cash provided by operating activities of $45,600,000 and revenues of $264,800,000. Cash spent on plant asset additions during the quarter was $1,600,000. Calculate free cash flow.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
Operating activities 45600000 Cash spent ...View the full answer
Answered By
Akash Goel
I am in the teaching field since 2008 when i was enrolled myself in chartered accountants course
Since then i have an experience of teaching of class XI, XII, BCOM, MCOM, MBA, CA CPT.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
Lott Corporation reported cash provided by operating activities of $360,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
Fort Corporation reported cash provided by operating activities of $405,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
Jain Corporation reported cash provided by operating activities of $300,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
Determine which of the fundamental laws of algebra is demonstrated. 8(3 2) = 8(3) 8(2)
-
Monster Beverage Corporation develops, markets, and sells energy and other alternative beverage brands. Brown-Forman Corporation manufactures and sells a wide variety of spirit and wine beverages,...
-
The following information is available for Fess Company: Credit sales during 2014 $150,000 Allowance for doubtful accounts at December 31, 2013 1,450 Accounts receivable deemed worthless and written...
-
This creative dynamic visualization by Nathan Yau (flowingdata.com) shows a day in the life of 1000 different representative Americans based on survey data: http://flowingdata...
-
1. Clearly, Farrah Gray is a master of integrated promotion. List the promotional methods he has used and why he may have selected each. 2. What is the most interesting part of his story for you?...
-
2- A gas stream with a flowrate of 5,000 m/h contains particulate matter (PM) with 50-m diameter, 2,000 kg/m of density, 100 mg/m of initial concentration. The width and height of the gravity settler...
-
(i) Outline a 5TM that does decimal addition for three numbers simultaneously, the numbers being on tracks 2, 3, and 4. The sum should be left on track 5, and track 1 is reserved for carries. (ii)...
-
Morino Corporation reported cash provided by operating activities of $360,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
The management of Gladow Inc. is trying to decide whether it can increase its dividend. During the current year it reported net income of $875,000. It had cash provided by operating activities of...
-
Explain why records must be kept of the due dates of all notes payable.
-
True or False: Build-Operate-Transfer (BOT) makes use of a public-private partnership.
-
An electron \((q=-e)\) completes half of a circular orbit of radius \(r\) around a nucleus with \(Q=+3 e\), as shown in Figure Q21.4. a. How much work is done on the electron as it moves from...
-
True or False: Section 1031 Property Exchanges are no longer permitted by the U.S. Internal Revenue Service.
-
Spending \($1,500\) more today for a hybrid engine rather than a gasoline engine will result in annual fuel savings of \($300.\) How many years must this savings continue in order to justify the...
-
True or False: The Revenue Requirements method is not economically equivalent to the industrial ATCF approach.
-
Betty gives piano lessons. She has an opportunity cost of $50 per lesson and charges $60. She has two students: Archie, who has a willingness to pay of $70, and Veronica, who has a willingness to pay...
-
Quality Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2012 is: Joint cost of production in July 2012 was $50. A...
-
Solve the exponential equations in Problems 3744. Show the approximation you obtain with your calculator without rounding. a. 105-3x = 0.041 b. 102x-1515 =
-
SEK Printing provides printing services to many different corporate clients. Although SEK bids most jobs, some jobs, particularly new ones, are negotiated on a cost-plus basis. Cost-plus means that...
-
Many of you will work for a small business. As noted in the All About You feature in this chapter, some of you will even own your own business. In order to operate a small business you will need a...
-
Many of you will work for a small business. As noted in the All About You feature in this chapter, some of you will even own your own business. In order to operate a small business you will need a...
-
A client required an IP address from DHCP server, please list the steps of the DHCP process?
-
Bijan's pipelined processor features separate instruction and data caches. The instruction cache (I-cache) has a single level and the data cache (D-cache) has two levels, as shown in the figure...
-
Peter opened a brokerage account to sell short 1,200 shares of Carb Farm stock at the current market price of $160 per share. The brokerage firm charges 12% per annum on the margin loan. a. Suppose...
Study smarter with the SolutionInn App