Answer: Option (C) is correct.
Explanation:
Given that,
Net cash provided by operating activities = $34
Income taxes = $12
Capital expenditures = $24
Cash dividends = $7
Free Cash Flow = Cash Provided by Operating Activities - Dividends - Capital Expenditure
= $34 - $7 - $24
= $3
Therefore, the company's free cash flow was $3.
It’s very important to your business. Good records will help you do the following: Monitor the progress of your business.
Answer:
Cant calculate
Explanation:
The National Income is the total amount of income accruing to a country from economic activities in a year's time. It includes payments made to all resources either in the form of wages, interest, rent, and profits. In this case, National income can not be calculated because data in corporate profits is missing
.
Answer:
A. Compliance with applicable laws and regulations.
Explanation:
The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to the reliability of internal and external reporting, the effectiveness and efficiency of operations, and Compliance with applicable laws and regulations.