Maki Corporation had cash flows from operating activities during the past year of $194,000. During the year,

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Maki Corporation had cash flows from operating activities during the past year of $194,000. During the year, the company expended $25,000 for dividends; expended $158,000 for property, plant, and equipment; and sold property, plant, and equipment for $12,000. Calculate the company’s free cash flow. What does the result tell you about the company?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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