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Pugmire Corporation's Net Cash Provided by Operating Activities Was $169,000;

Question 34

Essay

Pugmire Corporation's net cash provided by operating activities was $169,000; its net income was $161,000; its capital expenditures were $95,000; and its cash dividends were $42,000.
Required:
Determine the company's free cash flow.

Correct Answer:

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Free cash flow = Net cash from...

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