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    Managerial Accounting Study Set 23
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    Exam 15: Statement of Cash Flows
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    Frankin Corporation's Net Cash Provided by Operating Activities Was $192;
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Frankin Corporation's Net Cash Provided by Operating Activities Was $192;

Question 139

Question 139

Multiple Choice

Frankin Corporation's net cash provided by operating activities was $192; its capital expenditures were $154; and its cash dividends were $27. The company's free cash flow was:


A) $38
B) $373
C) $11
D) $165

Correct Answer:

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