Dora Inc. reported the following on the company's cash flow statement: Net cash flows from operating activities
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Question:
Dora Inc. reported the following on the company's cash flow statement:
Net cash flows from operating activities ___________$340,000
Net cash flows used for investing activities____________ (100,000)
Net cash flows used for financing activities _____________(190,000)
Seventy percent of the net cash flows used for investing activities was to maintain existing productive capacity. What is the company's free cash flow?
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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