Anita Maxwell Company expects the following for 2007: Net cash provided by operating activities of $150,000

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Anita Maxwell Company expects the following for 2007:

• Net cash provided by operating activities of $150,000

• Net cash provided by financing activities of $60,000

• Net cash used for investing activities of $80,000 (no sales of long- term assets)

How much free cash flow does Maxwell expect for 2007? 

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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