est. Chapter Tb Test This Question: 5 pts 4 of 8 (4 complete) Shauna Lee Company

Question

est. Chapter Tb Test This Question: 5 pts 4 of 8 (4 complete) Shauna Lee Company expects the following for 2018 Net cash provided by operating activities of $150,000 . Net cash provided by financing activities of $59,000 . Net cash used for investing activities of $83,000 (no sales of long-term assets). Cash dividends paid to stockholders of $13,000 How much free cash flow does Lee expect for 2018? Select the labels and enter the amounts to calculate the expected free cash flow for 2018. (Abbreviations used Cash pmts for planned invest. -Cash payments for planned in provided by financing activities) - Free cash flow Choose from any list or enter any number in the input fields and then continue to the next question. ype here to search

Explanation / Answer

Free cash flow = cash flow from operating activity -capital expenditure

      = 150000 - 83000

      = 67000

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