Question: Please help. Holmes , Inc. expects net cash flow from operating activities to be $ 1 6 0 , 0 0 0 , and the

Please help.

Holmes, Inc. expects net cash flow from operating activities to be $160,000, and the company plans purchases of equipment of$83,000 and repurchases of stock of$24,000. What is Holmes'sfree cashflow? A. $53,000 B. $160,000 C. $77,000 D.

$83,000

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