Julie Lopez Company expects the following for 2018: Net cash provided by operating activities of $148,000.
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• Net cash provided by operating activities of $148,000.
• Net cash provided by financing activities of $56,000.
• Net cash used for investing activities of $77,000 (no sales of long-term assets).
• Cash dividends paid to stockholders of $7,000.
How much free cash flow does Lopez expect for 2018?
Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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