Essay
Clayborn Corporation's net cash provided by operating activities was $118,800; its net income was $105,000; its income taxes were $44,700; its capital expenditures were $93,600; and its cash dividends were $30,200.
Required:Determine the company's free cash flow. (Negative amounts should be indicated by a minus sign.)
Correct Answer:

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Free cash flow = Net cash prov...View Answer
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