Wattle Ltd has cash from operating activities of $57246. It has incurred capital expenditure of $47350, of
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Wattle Ltd has cash from operating activities of $57246. It has incurred capital expenditure of $47350, of which $33900 was for additional equipment. Calculate the entity’s free cash flow. Comment on what the figure indicates.
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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