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    Financial Accounting
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    Exam 9: Preparing and Analyzing the Statement of Cash Flows
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    During the Year,Team Shirts,Inc
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During the Year,Team Shirts,Inc

Question 268

Question 268

Multiple Choice

During the year,Team Shirts,Inc.had net cash from operating activities of $50,000; it paid $10,000 in dividends; and it purchased long-term assets for $30,000.Free cash flow for the year was ________.


A) $90,000
B) $40,000
C) $20,000
D) $10,000

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