Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6648c6f6bc724_5586648c6f65b336.jpg)
Transcribed Image Text:
Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 2012 and 20Y1: Net cash flows from operating activities Net cash flowa used for investing activities Net cash flows used for financing activities 2012 20V1 $520,000 $485,000 (432,000) (394,000) (42,000) (58,800) Of the net cash flows used for investing activities, 60% was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. Free cash flow 20Y2 20V1 Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 2012 and 20Y1: Net cash flows from operating activities Net cash flowa used for investing activities Net cash flows used for financing activities 2012 20V1 $520,000 $485,000 (432,000) (394,000) (42,000) (58,800) Of the net cash flows used for investing activities, 60% was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. Free cash flow 20Y2 20V1
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Calculate the indirect quotations for Euros and Kronor.
-
What costs are included in the full cost of a product? Is a products full cost always the appropriate cost for decision makers to use?
-
Describe the two cost flow assumptions that are used for determining the value of ending inventory and cost of goods sold.
-
Meagan Enterprises reported the following information for the past year of operations: For each transaction, indicate whether the ratio will (I) increase, (D) decrease, or (N) have no effect....
-
PRM Energy Systems, Inc. (PRM), owned technology patents that it licensed to Primenergy to use and to sublicense in the United States. The agreement stated that all disputes would be settled by...
-
How were you taught to read? Did you learn to read through a phonics-based program or the whole-language approach? What materials do you remember being used to teach you to read? I need typed answer
-
Solve wo? 109
-
How did the evolution of leadership and management styles support and encourage a sociotechnical approach? Consider historical changes. Also, what is Rogers' diffusion of innovation theory and how...
-
Purchased $ 2 3 , 6 5 0 of merchandise from Olympics gold invoice dated may 1 7
-
Write a 250 word article review on Electronic Batch Records: A Story of Workflow Improvement from the following article....
-
You need to visit the Planet Money Makes a T-Shirt website, watch the following videos, and read the accompanying articles in order to complete this case study. . 1. Cotton: In this video we are...
-
A monopoly has the following pricing and revenue structure. Calculating the Monopolist's Marginal Revenue (1) Quantity of (2) (3) customers (Q) Price of service Total revenue (4) Marginal revenue per...
-
On April 12, 2020, Prism Ltd.., a camera lens manufacturer, paid cash of $570,200 for real estate plus $31,000 cash in closing costs. The real estate included land appraised at $244,000, land...
-
To help you become familiar with the accounting standards, this case is designed to take you to the FASBs Web site and have you access various publications. Access the FASBs Web site at...
-
Geary Company had the following transactions: Apr. 15 Issued a \(\$ 6,000,60\)-day, eight percent note payable in payment of an account with Marion Company. May 22 Borrowed \(\$ 50,000\) from...
-
The Longo Corporation issued \(\$ 50\) million maturity value of six percent coupon rate bonds, with interest paid semiannually. At the time of the bond issuance, equivalent risk-rated debt...
-
At December 31, 2017, Seattle Corporation had two notes payable outstanding (notes 1 and 2). At December 31, 2018, Seattle also had two notes payable outstanding (notes 3 and 4). These notes are...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App