Question: This year a company generated $1,000,000 in cash from its operating activities, and had a $250,000 increase in cash from its investment activities. It also

This year a company generated $1,000,000 in cash from its operating activities, and had a $250,000 increase in cash from its investment activities. It also spent $600,000 on capital expenditures. What was the amount of the company’s free cash flow this year?

a. $650,000

b. $150,000

c. $1,350,000

d. $1,850,000

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