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During the Year,Team Shirts,Inc

Question 256

Multiple Choice

During the year,Team Shirts,Inc.had net cash from operating activities of $50,000; it paid $20,000 in dividends; it purchased equipment for $30,000; and it purchased office supplies for $10,000.Free cash flow for the year was ________.


A) $0
B) $(10,000)
C) $10,000
D) $100,000

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