Question: During 2017, Pina Colada Corp. reported cash provided by operations of $873000, cash used in investing of $755000, and cash used in financing of $209000.
During 2017, Pina Colada Corp. reported cash provided by operations of $873000, cash used in investing of $755000, and cash used in financing of $209000. In addition, cash spent for fixed assets during the period was $304000. Average current liabilities were $715000 and average total liabilities were $1888000. No dividends were paid. Based on this information, what was Pina free cash flow? $569000. or $118000. or ($158000). or ($665000).
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