Question: Problem 5 - Free Cash Flows Simon Inc reported the following on the company's statement of cash flows in Year 2 and Year 1: Eighty-five

 Problem 5 - Free Cash Flows Simon Inc reported the following

Problem 5 - Free Cash Flows Simon Inc reported the following on the company's statement of cash flows in Year 2 and Year 1: Eighty-five percent of the net cash flows used for investing activities was used to replace existing capacity. a. Determine Simon's free cash flow for both years. b. Has Simon's free cash flow improved or declined from Year 1 to Year 2

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