Question: Morrocan Marble Company has cash flows from operating activities of $300,000. Cash flows used for investments in property, plant, and equipment totaled $65,000, of which

Morrocan Marble Company has cash flows from operating activities of $300,000. Cash flows used for investments in property, plant, and equipment totaled $65,000, of which 75% of this investment was used to replace existing capacity.

Determine the free cash flow for Morrocan Marble Company.

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