Sebel Corporation had cash flows from operating activities during the past year of $194,000. During the year,
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Sebel 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?
Determining Cost of Long-Term Assets
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